posted
Check this out...announced yesterday the mine is opening up. Shares priced at .12 Canadian. CEO states "worth .45 US. and this does not include the huge Breccia pipe (copper)
SUBJECT: SAG is worth at least .45 cents. says CEO
CEO stood in front of the Richmond Club Meeting and gave an excellent talk, And it didn't include the Copper Breccia values in the share prices noted below.!!!! The power point presentation that included these two slides. SAG is undervalued, and he projected it is worth at least .45 cents.
The Richmond Club is a media portal of 2.2 Million investors though national: TV, Radio, Magazine, Newsletter and Money manager-analyst conferences. The website receives over a million hits per month from private investors, professional money managers, venture capitalists, and members of the media.
The Richmond Club tracks high-growth companies and invites them to expand its shareholder base and increase its exposure to investors, analysts and members of the financial media at our exclusive events. An invitation is sent out to all members and we accept 60-70 RSVP's to attend a complimentary lunch or breakfast conference (by invitation only), held at selected private clubs, conveniently located in the financial district of a number of international centers.
The Richmond Club currently has chapters in Toronto, New York, Every two months 50 fund managers, stock brokers and analysts attend a complementary lunch, held at various private clubs, conveniently located in the financial district of each city. Two to three undervalued, high growth companies are showcased at each event. Our current location in Toronto is the National Club.
Do your DD on this one and you will be pleasantly surprised.
posted
Here it is people.....wait till they release how much copper there is as well, gold bars are being pured as we speak, do your own DD though....aaalright
Posts: 1637 | Registered: Apr 2004
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South American Gold and Copper Company Limited Announces Start-Up of Operations at its Pimenton Gold Mine 5/26/04
TORONTO, May 26, 2004 (Canada NewsWire via COMTEX) -- South American Gold and Copper Company Limited ('the Company') (TSX Symbol SAG) is pleased to announce that Pincock Allen & Holt, Denver, Colorado ('PAH'), has, following a mine and plant site visit, issued its certification to the Overseas Private Investment Cor poration, Washington, DC ('OPIC'), that the Pimenton mine and plant are in operation and are being operated in compliance with certain other provisions contained in the loan agreement between Compania Minera Pimenton ('CMP') and OPIC.
On receipt of this certification and satisfaction of other required documentation, OPIC has funded the second and final draw down amounting to US $1,600,000 under the terms of the OPIC financing which in total has amounted to US $2,800,000 as a part of the funding required to restart operations at the Pimenton gold mine.
Stephen W. Houghton, President and Chief Executive Officer, stated that restarting operations at Pimenton and completing the financing with OPIC is the result of a total team effort by the management and employees of both the Company and Compania Minera Pimenton and firmly places the Company in the ranks as a gold producer.
South American Gold and Copper Company Limited is a mineral exploration and development company with properties and activities currently focused in Chile. Its common shares are listed on the Toronto Stock Exchange under the symbol 'SAG.'
For further information: contact: Stephen W. Houghton, President, or William C. O'Donnell, EVP, Telephone: (212) 751-0083, Fax: (212) 751-0319, Website: http://www.sagc.com
News release via Canada NewsWire, Toronto 416-863-9350
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