Monday, March 23, 2009

Gold

Just a quick note for my picks today. I'm still very bullish on SGR-T San Gold over the long term. Gold is hovering at $950 an ounce, but in Canadian dollars that's $1,168. You may find this link for commodities priced in C$ useful.

commodities in C$

Dale Ginn from San Gold did a radio interview last week that you should take a listen too. The new Hinge Zone of gold will have costs of less than $200/ounce "all in". What this means is that their costs include everything right down to the paperclips used in the office. When the hinge goes into production it will be one of the lowest cost producers.

Dale Ginn on 680 CJOB Winnipeg
go to Sat Mar 21; 12pm then approx 31 minute mark

SGR interview

Good luck trading today!

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