San Gold Corporation

SGR.H-X

0.00
0.00 (0.00%)
This company is not ACTIVE.

Analysis and Opinions about SGR.H-X

Signal
Opinion
Expert
DON'T BUY
DON'T BUY
March 25, 2015

They have announced that they are shutting down most of their operations. He does not like precious metals. Prefers others in this space. Prefers KDX-X.

They have announced that they are shutting down most of their operations. He does not like precious metals. Prefers others in this space. Prefers KDX-X.

James Hodgins
Chief Investment Officer, Curvature Hedge Strategies
Price
$0.040
Owned
No
COMMENT
COMMENT
August 8, 2014

This is a streamer, and he likes the streaming companies because they don’t have the production exposure. He also likes the smaller producers which are now gaining traction.

This is a streamer, and he likes the streaming companies because they don’t have the production exposure. He also likes the smaller producers which are now gaining traction.

Jaime Carrasco
Portfolio Manager, Canaccord Genuity
Price
$0.135
Owned
Yes
DON'T BUY
DON'T BUY
March 4, 2014

He used to own it. They have not been able to make any money despite hitting some really nice zones. He doesn’t think they will ever make any money.

He used to own it. They have not been able to make any money despite hitting some really nice zones. He doesn’t think they will ever make any money.

Brent Cook
Exploration Analyst & Geologist, Exploration Insights
Price
$0.230
Owned
No
DON'T BUY
DON'T BUY
March 3, 2014

A capital hungry mine. They are not generating substantial free cash flow.

A capital hungry mine. They are not generating substantial free cash flow.

Rick Rule
Pres. & CEO, Sprott USA
Price
$0.245
Owned
Yes
DON'T BUY
DON'T BUY
February 3, 2014

Small producer in Manitoba, one of the best jurisdictions in the world. But this mine is having a tough time generating free cash flow at these gold prices. Balance sheet allows them to continue to develop the mine.

Small producer in Manitoba, one of the best jurisdictions in the world. But this mine is having a tough time generating free cash flow at these gold prices. Balance sheet allows them to continue to develop the mine.

Jon Case
Portfolio Manager, Sentry Investments
Price
$0.175
Owned
No
DON'T BUY
DON'T BUY
January 30, 2014

(Market Call Minute) Long troubled company with Rice Lake MIne as its primary asset with uneconomic costs.

(Market Call Minute) Long troubled company with Rice Lake MIne as its primary asset with uneconomic costs.

Dennis da Silva
Managing Director & Sr Portfolio Manager, Middlefield Capital Ltd.
Price
$0.165
Owned
Unknown
DON'T BUY
DON'T BUY
October 2, 2013

This is a penny stock and he is not a fan of these. Stock shows a long decline from mid-2010 to the current time. It might be forming a bottom but he would think this is an event driven stock and you really have to believe in the fundamentals. Technicals don’t really work well on this kind of stock.

This is a penny stock and he is not a fan of these. Stock shows a long decline from mid-2010 to the current time. It might be forming a bottom but he would think this is an event driven stock and you really have to believe in the fundamentals. Technicals don’t really work well on this kind of stock.

Bill Carrigan
Technical Analyst, Getting Technical Info Service
Price
$0.185
Owned
Unknown
WEAK BUY
WEAK BUY
September 17, 2013

Been involved for many, many years. Have not met expectations over the last couple of years. Had to take on some debt and stock got cheap. He increased his position. Thinks gold will go up and so will this stock. Higher gold prices will start to skate them onside. They have to execute and to manage dilution.

Been involved for many, many years. Have not met expectations over the last couple of years. Had to take on some debt and stock got cheap. He increased his position. Thinks gold will go up and so will this stock. Higher gold prices will start to skate them onside. They have to execute and to manage dilution.

Charles Oliver, HBSc CFA
Senior Portfolio Manager, Sprott Asset Management Inc.
Price
$0.170
Owned
Yes
COMMENT
COMMENT
September 13, 2013

At $1400-$1500 gold, they still have to develop their underground mine, which has been challenging. At current gold levels, investors are probably dumping the stock because prospects could get more difficult. You need gold prices to make a dramatic turn and she doesn’t expect this for the next 2 years anyway.

At $1400-$1500 gold, they still have to develop their underground mine, which has been challenging. At current gold levels, investors are probably dumping the stock because prospects could get more difficult. You need gold prices to make a dramatic turn and she doesn’t expect this for the next 2 years anyway.

Alice Tsang
Portfolio Manager, Marquest Asset Management
Price
$0.160
Owned
Unknown
HOLD
HOLD
August 14, 2013

(Market Call Minute.) A producing mine in Manitoba. Has been a disappointment. If the gold sector does heat up, it could move.

(Market Call Minute.) A producing mine in Manitoba. Has been a disappointment. If the gold sector does heat up, it could move.

Michael Giordano
VP Investments & Portfolio Manager,
Price
$0.135
Owned
Yes
COMMENT
COMMENT
August 6, 2013

This company has a very difficult time at this gold price. The deposit always seems to give good exploration results but the exploration results never seem to translate into lower cost per ounce produced.

This company has a very difficult time at this gold price. The deposit always seems to give good exploration results but the exploration results never seem to translate into lower cost per ounce produced.

Rick Rule
Pres. & CEO, Sprott USA
Price
$0.125
Owned
No
SELL
SELL
June 10, 2013

Source of frustration. Believed they would execute on their strategy and mine the grades they expected, but they have not. Missed production and grade targets and he has been reducing position. District has lots of potential.

Source of frustration. Believed they would execute on their strategy and mine the grades they expected, but they have not. Missed production and grade targets and he has been reducing position. District has lots of potential.

Charles Oliver, HBSc CFA
Senior Portfolio Manager, Sprott Asset Management Inc.
Price
$0.150
Owned
Yes
HOLD
HOLD
May 28, 2013

Have 2 mines in Manitoba that are producing gold. New management has been brought in. Once the Junior gold market picks up, companies like this should bounce back aggressively.

Have 2 mines in Manitoba that are producing gold. New management has been brought in. Once the Junior gold market picks up, companies like this should bounce back aggressively.

Michael Giordano
VP Investments & Portfolio Manager,
Price
$0.230
Owned
No
DON'T BUY
DON'T BUY
April 11, 2013

Has been a problematic company to say the least. History of missed production and cost guidance. Recently replaced Management and CEO, who he has not yet met and partially reserves judgment. They have significant capital requirements over the next little while. For the time being he sees a lot better opportunities out there.

Has been a problematic company to say the least. History of missed production and cost guidance. Recently replaced Management and CEO, who he has not yet met and partially reserves judgment. They have significant capital requirements over the next little while. For the time being he sees a lot better opportunities out there.

Jason Mayer
Portfolio Manager, Middlefield Capital
Price
$0.255
Owned
No
DON'T BUY
DON'T BUY
March 5, 2013

He and his company are constructive towards gold but this one is a capital hungry mine. If this was his, he wouldn’t own it.

He and his company are constructive towards gold but this one is a capital hungry mine. If this was his, he wouldn’t own it.

Rick Rule
Pres. & CEO, Sprott USA
Price
$0.265
Owned
No
DON'T BUY
DON'T BUY
March 1, 2013

Chart shows a long downtrend from 2010. There is no driver right now. If you own, don’t average down. He would like to see it break out of this trend before you commit any money to it.

Chart shows a long downtrend from 2010. There is no driver right now. If you own, don’t average down. He would like to see it break out of this trend before you commit any money to it.

Hap (Robert) Sneddon FCSI
Chief Portfolio Manager & Founder, Castlemoore Inc.
Price
$0.280
Owned
No
DON'T BUY
DON'T BUY
February 11, 2013

(Market Call Minute) Some bad news came out today. Difficult stock.

(Market Call Minute) Some bad news came out today. Difficult stock.

Michael Smedley
Exec VP & Chief Investment Officer, Morgan Meighan & Associates
Price
$0.445
Owned
Unknown
DON'T BUY
DON'T BUY
January 29, 2013

Was Short this because they kept missing production estimates and other targets. Ultimately covered his Short at around the $0.90-$1 range. There are a lot of better places to go in gold. (See Top Picks.)

Was Short this because they kept missing production estimates and other targets. Ultimately covered his Short at around the $0.90-$1 range. There are a lot of better places to go in gold. (See Top Picks.)

James Hodgins
Chief Investment Officer, Curvature Hedge Strategies
Price
$0.700
Owned
No
HOLD
HOLD
January 15, 2013

(Market Call Minute.) On a value basis, it is very cheap but is probably going to hold production flat this year.

(Market Call Minute.) On a value basis, it is very cheap but is probably going to hold production flat this year.

Charles Oliver, HBSc CFA
Senior Portfolio Manager, Sprott Asset Management Inc.
Price
$0.780
Owned
Yes
COMMENT
COMMENT
October 30, 2012

In a district that will be mined for the next 20 years. Has great potential. One problem they have suffered through the last several years has been that they have been building out the mine and perpetually missed their guidance in the number of ounces and cash costs. New CEO seems to be doing a good job of executing and bringing the guidance in line to a reasonable level where expectations are hopefully met. Last quarter they just came out with their highest quarterly production, which is a good sign. Thinks it will have a strong Q4 but in this market you have to continually show the market that you can continually create cash flow and not have to do lots of development work.

In a district that will be mined for the next 20 years. Has great potential. One problem they have suffered through the last several years has been that they have been building out the mine and perpetually missed their guidance in the number of ounces and cash costs. New CEO seems to be doing a good job of executing and bringing the guidance in line to a reasonable level where expectations are hopefully met. Last quarter they just came out with their highest quarterly production, which is a good sign. Thinks it will have a strong Q4 but in this market you have to continually show the market that you can continually create cash flow and not have to do lots of development work.

Charles Oliver, HBSc CFA
Senior Portfolio Manager, Sprott Asset Management Inc.
Price
$0.930
Owned
Unknown
DON'T BUY
DON'T BUY
October 18, 2012

Looking at his tables, gold producers on a weekly basis are the #1 place to be. This one is making new lows. Has a floor at around $0.75. Trying to right itself. Probably better places to put your money in gold.

Looking at his tables, gold producers on a weekly basis are the #1 place to be. This one is making new lows. Has a floor at around $0.75. Trying to right itself. Probably better places to put your money in gold.

Hap (Robert) Sneddon FCSI
Chief Portfolio Manager & Founder, Castlemoore Inc.
Price
$0.920
Owned
Unknown
COMMENT
COMMENT
August 31, 2012

2 years ago they were looking to expand their mine as well as develop the Red Lake project that they had. New management team and the story is progressing fairly well and are producing gold. Looks like it will be able to expand their gold mine. Very undervalued. On her radar right now.

2 years ago they were looking to expand their mine as well as develop the Red Lake project that they had. New management team and the story is progressing fairly well and are producing gold. Looks like it will be able to expand their gold mine. Very undervalued. On her radar right now.

Alice Tsang
Portfolio Manager, Marquest Asset Management
Price
$0.770
Owned
No
BUY
BUY
July 26, 2012
Has always been a big believer in this company. He believes the area is a huge district where there will be mining going on 50 years from now. Geologically speaking it is absolutely spectacular. Thinks management is turning this around and will probably produce 100,000 ounces this year.
Has always been a big believer in this company. He believes the area is a huge district where there will be mining going on 50 years from now. Geologically speaking it is absolutely spectacular. Thinks management is turning this around and will probably produce 100,000 ounces this year.
Charles Oliver, HBSc CFA
Senior Portfolio Manager, Sprott Asset Management Inc.
Price
$0.940
Owned
Yes
DON'T BUY
DON'T BUY
July 11, 2012
This is one that he has had a major Short position on for the last 2 years. Has covered most of it because of his view on the sector. There are better places to go.
This is one that he has had a major Short position on for the last 2 years. Has covered most of it because of his view on the sector. There are better places to go.
James Hodgins
Chief Investment Officer, Curvature Hedge Strategies
Price
$0.860
Owned
Yes
HOLD
HOLD
June 15, 2012
(Mark Call Minute.) Has been a serial underperformer but thinks sector has bottomed.
(Mark Call Minute.) Has been a serial underperformer but thinks sector has bottomed.
James Hodgins
Chief Investment Officer, Curvature Hedge Strategies
Price
$1.030
Owned
Unknown
SELL
SELL
June 15, 2012
Sell and figure it out later. He is repositioning. No point in dwelling on how much it is down when everything is down. Lock in some capital losses.
Sell and figure it out later. He is repositioning. No point in dwelling on how much it is down when everything is down. Lock in some capital losses.
Jaime Carrasco
Portfolio Manager, Canaccord Genuity
Price
$1.030
Owned
Unknown
HOLD
HOLD
April 9, 2012
There are other gold names that he prefers that have had positive change occurring. This one has had some disappointments. He has a very small Short position at this time but he is warming up to the sector. Rising tide will lift all boats.
There are other gold names that he prefers that have had positive change occurring. This one has had some disappointments. He has a very small Short position at this time but he is warming up to the sector. Rising tide will lift all boats.
James Hodgins
Chief Investment Officer, Curvature Hedge Strategies
Price
$1.310
Owned
Yes
HOLD
HOLD
January 10, 2012
Market Call Minute One mine but progressing.
Market Call Minute One mine but progressing.
Michael Smedley
Exec VP & Chief Investment Officer, Morgan Meighan & Associates
Price
$1.900
Owned
Unknown
WAIT
WAIT
December 29, 2011
Has had a short position through most of this year. He felt like they would need to raise money to build out this project. Has covered most of his short position. Seems like there is some positive change coming. But wait for the equity to be raised.
Has had a short position through most of this year. He felt like they would need to raise money to build out this project. Has covered most of his short position. Seems like there is some positive change coming. But wait for the equity to be raised.
James Hodgins
Chief Investment Officer, Curvature Hedge Strategies
Price
$1.870
Owned
Yes
BUY
BUY
December 13, 2011
Not a senior producer. They are caught in a situation where the market puts a small multiple on you after a certain amount of production. Likes it here but a few things he likes better for subtle reasons.
Not a senior producer. They are caught in a situation where the market puts a small multiple on you after a certain amount of production. Likes it here but a few things he likes better for subtle reasons.
Bill Harris, CFA
Portfolio Manager, Avenue Investment Management
Price
$1.520
Owned
Unknown
BUY
BUY
November 1, 2011
Hasn't performed quite as well as he would have liked over the last several years but have hired a new president and have had great drilling success. With the new exploration, ultimately there will be a much bigger project, which will be very attractive. Very cheap.
Hasn't performed quite as well as he would have liked over the last several years but have hired a new president and have had great drilling success. With the new exploration, ultimately there will be a much bigger project, which will be very attractive. Very cheap.
Charles Oliver, HBSc CFA
Senior Portfolio Manager, Sprott Asset Management Inc.
Price
$2.070
Owned
Yes
COMMENT
COMMENT
October 31, 2011
Links are saying they should close down there on mine that is producing gold. Attempting to expand their asset towards the Red Lake area. They are in territory that has not been exploited. (See Top Picks.)
Links are saying they should close down there on mine that is producing gold. Attempting to expand their asset towards the Red Lake area. They are in territory that has not been exploited. (See Top Picks.)
Michael Smedley
Exec VP & Chief Investment Officer, Morgan Meighan & Associates
Price
$2.060
Owned
Yes
DON'T BUY
DON'T BUY
September 19, 2011
What is unfortunate is the dilution through the issuing of more and more shares. Got bogged down on production issues and defining the gold resource. Not enough gold to get the market really interested.
What is unfortunate is the dilution through the issuing of more and more shares. Got bogged down on production issues and defining the gold resource. Not enough gold to get the market really interested.
Bill Harris, CFA
Portfolio Manager, Avenue Investment Management
Price
$2.790
Owned
No
BUY
BUY
September 15, 2011
Sold his holdings when the exploration story became more of a development story. There is always something goes wrong with development stories. It's a good deposit and they are putting a lot of money into drilling it out. Thinks they are over the hump.
Sold his holdings when the exploration story became more of a development story. There is always something goes wrong with development stories. It's a good deposit and they are putting a lot of money into drilling it out. Thinks they are over the hump.
Brent Cook
Exploration Analyst & Geologist, Exploration Insights
Price
$2.920
Owned
No
DON'T BUY
DON'T BUY
August 5, 2011
Small-cap gold producer expanding their resource in the Rice Lake area. He is currently short this one. Looks cheap on a resource bases but have had some operating problems and missed a couple quarters. If you want exposure here, he would recommend Sandstorm Resources (SSL-X).
Small-cap gold producer expanding their resource in the Rice Lake area. He is currently short this one. Looks cheap on a resource bases but have had some operating problems and missed a couple quarters. If you want exposure here, he would recommend Sandstorm Resources (SSL-X).
James Hodgins
Chief Investment Officer, Curvature Hedge Strategies
Price
$2.740
Owned
Yes
BUY
BUY
August 3, 2011
Tends not to be liked be people. Is moving to the better territories to the east. Discovering assets along the way. Not a choice holding.
Tends not to be liked be people. Is moving to the better territories to the east. Discovering assets along the way. Not a choice holding.
Michael Smedley
Exec VP & Chief Investment Officer, Morgan Meighan & Associates
Price
$3.140
Owned
Yes
BUY
BUY
July 28, 2011
Likes this stock. It used to be a high cost operation and costs are going to be stubborn coming back down. Company has made some changes will a lot of new developments. Have a lot of new high-grade zone this, which will hopefully help bring up the grade. New CEO has made some positive changes.
Likes this stock. It used to be a high cost operation and costs are going to be stubborn coming back down. Company has made some changes will a lot of new developments. Have a lot of new high-grade zone this, which will hopefully help bring up the grade. New CEO has made some positive changes.
Charles Oliver, HBSc CFA
Senior Portfolio Manager, Sprott Asset Management Inc.
Price
$3.010
Owned
Yes
COMMENT
COMMENT
June 30, 2011
Seasonality for gold starts around July 12. There have been some good technical signs that gold and gold stocks have bottomed. Seasonal strength usually goes to October, takes a one-month hiatus and then goes through into l December. Technically, the stock wants to go higher.
Seasonality for gold starts around July 12. There have been some good technical signs that gold and gold stocks have bottomed. Seasonal strength usually goes to October, takes a one-month hiatus and then goes through into l December. Technically, the stock wants to go higher.
Don Vialoux
Research Analyst, TimingTheMarket.CA & EquityClock.COM
Price
$3.260
Owned
Unknown
BUY
BUY
March 31, 2011
Manitoba gold. Interesting that gold prices have made record highs while this has had significant corrections. Was a darling for a while because they were finding high grade and increasing the size of their resource. Feels it got overvalued. Also an adjustment from an exploration development company to a producer. Current level is very attractive because of record high gold prices and the significant increase in their production levels.
Manitoba gold. Interesting that gold prices have made record highs while this has had significant corrections. Was a darling for a while because they were finding high grade and increasing the size of their resource. Feels it got overvalued. Also an adjustment from an exploration development company to a producer. Current level is very attractive because of record high gold prices and the significant increase in their production levels.
Andrew Cook
, Andrew Cook and Associates
Price
$2.560
Owned
Unknown
TOP PICK
TOP PICK
March 7, 2011
Gold in Manitoba. New exploration and have found some great zones that seem to line up with their existing zones. Stock price has been a little weak but the reserves and resources they have are huge. Have the infrastructure and now they have to execute and increase the size of the mine. Very Cheap.
Gold in Manitoba. New exploration and have found some great zones that seem to line up with their existing zones. Stock price has been a little weak but the reserves and resources they have are huge. Have the infrastructure and now they have to execute and increase the size of the mine. Very Cheap.
Charles Oliver, HBSc CFA
Senior Portfolio Manager, Sprott Asset Management Inc.
Price
$2.770
Owned
Yes
DON'T BUY
DON'T BUY
March 7, 2011
Sold his holdings last year. Now in the phase where the question is, can they make money producing gold. So far hasn’t had much success. A “show me” story.
Sold his holdings last year. Now in the phase where the question is, can they make money producing gold. So far hasn’t had much success. A “show me” story.
Brent Cook
Exploration Analyst & Geologist, Exploration Insights
Price
$2.770
Owned
No
WATCH
WATCH
January 24, 2011
There is only a handful of high quality “going into production” gold stories in Canada. This one fits that category but seem to stub their toe every once in a while. Transitioning with a new management team.
There is only a handful of high quality “going into production” gold stories in Canada. This one fits that category but seem to stub their toe every once in a while. Transitioning with a new management team.
Bill Harris, CFA
Portfolio Manager, Avenue Investment Management
Price
$2.920
Owned
No
COMMENT
COMMENT
December 16, 2010
Really focused on building a gold mine. It was never a really tight structure that a CEO could move. Just named a new CEO. Right on the cusp now but really need somebody to drive it.
Really focused on building a gold mine. It was never a really tight structure that a CEO could move. Just named a new CEO. Right on the cusp now but really need somebody to drive it.
Bill Harris, CFA
Portfolio Manager, Avenue Investment Management
Price
$3.460
Owned
No
COMMENT
COMMENT
December 6, 2010
Not his favourite but if you like it that’s OK. Used to own.
Not his favourite but if you like it that’s OK. Used to own.
Jason Donville
President & CEO, Donville Kent Asset Management
Price
$3.510
Owned
No
WAIT
WAIT
November 2, 2010
There are a number of parallel veins off to the side of the one they are drilling. He sold out 2 or 3 months ago because it got to the stage where they should make money. He backed away and is watching again.
There are a number of parallel veins off to the side of the one they are drilling. He sold out 2 or 3 months ago because it got to the stage where they should make money. He backed away and is watching again.
Brent Cook
Exploration Analyst & Geologist, Exploration Insights
Price
$3.240
Owned
Unknown
BUY
BUY
September 30, 2010
Some operational issues with costs, grades and outputs on current mines. Wasn't really trading on production and cash flows but on exploration results they have been generating. Looking for to go back up.
Some operational issues with costs, grades and outputs on current mines. Wasn't really trading on production and cash flows but on exploration results they have been generating. Looking for to go back up.
Jim Huang
President, T.I.P. Wealth Management
Price
$3.270
Owned
Yes
BUY
BUY
July 29, 2010
Have done exploration outside of the mine location in the last 1-2 years and found some veins that seem to line up with the ones in the mine. Sees a significant increase in the resource size and wouldn't be surprised to see another 5-10 million ounces in the next few years. Well cashed up.
Have done exploration outside of the mine location in the last 1-2 years and found some veins that seem to line up with the ones in the mine. Sees a significant increase in the resource size and wouldn't be surprised to see another 5-10 million ounces in the next few years. Well cashed up.
Charles Oliver, HBSc CFA
Senior Portfolio Manager, Sprott Asset Management Inc.
Price
$3.700
Owned
Yes
BUY WEAKNESS