This discussion is about San Anton Resource Corp.

Cerro Del Gallo - today and tommorrow

hunter49
+303-16

A quick question in the most recent press release they state that:

 

The updated mineral resource estimate now contains 1.1 billion pounds of copper, 3.9 million ounces of gold, and 163 million ounces of silver in the Measured and Indicated Mineral Resources.

 

But in the company summary at the bottom of the news release they state that:

 

This work quickly identified several targets and has led to the delineation of a NI 43-101 Mineral Resource of 1.4 billion pounds of copper, 4.5 million ounces of gold, and 200 million ounces of silver.

 

Which is it??? This resource is quite amazing, I understand they are attempting to expand it and begin metalurgical work - with a $10 million dollar program,

how much $$$ does this company have in the bank - will they need another financing?? 

samson
+105-11

Re: Cerro Del Gallo - today and tommorrow

Will this stock come back if it drops below a penny? Its clear the selling wont stop.

ulando
+87-4

Re: Cerro Del Gallo - today and tommorrow

At 3 cents any development is better than nothing at this point

ulando
+87-4

Re: Cerro Del Gallo - today and tommorrow

That is my fear, that somehow Kings won't get the wheels in motion. And or waiting on GoldCorp will hurt us...

Snowbird
+228-31

Re: Cerro Del Gallo - today and tommorrow

Or even release some news will help. I don't understand what the hold up is. Gold is going to explode and if a gold company doesn't want to get tough and start getting the wheels in motion they are going to miss the boat.

samson
+105-11

Re: Cerro Del Gallo - today and tommorrow

At the end of the day someone has to step in and support this company

samson
+105-11

Re: Cerro Del Gallo - today and tommorrow

Where did this sell off come from. 3 cents is pathetic. Who would sell now??

ulando
+87-4

Re: Cerro Del Gallo - today and tommorrow

With 200k offered at 6 cents, it looks like 5 is where we sit unless some new buying comes in or momentum somehow changes.

samson
+105-11

Re: Cerro Del Gallo - today and tommorrow

My computer screen still says 4 cents. the bid is building bahtbuilder... we need to build it more, excuse the play on words.

ulando
+87-4

Re: Cerro Del Gallo - today and tommorrow

I hope and think that they will. Kings coming through is just as important.

samson
+105-11

Re: Cerro Del Gallo - today and tommorrow

4 cents is a dream price to be buying. SNN just needs to come through.

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