report out!! looks good!!, page-8

Hi sdg,

Usually I would not answer such questions as yours as anyone can see they were not asked with any sincerity but rather out of contempt. However for the sake of other holders and would be holders who would be reading your post I will reply to your misinformed post with facts.

First you ask what is the projected cash cost? Did you not read the announcement of the optimised pit report which mentioned that the scoping study is to be expected shortly and do you not know that capital cost and cash cost are to be in the scoping study?

Next you mentioned :( So, after 15 previous scoping studies and feasability studies this one will lead to the decision on whether to initiate another (ANOTHER) one early next year.)
Now (15 scoping studies and feasibility studies); that is news to me and I am sure to any longer term share holders. Tell me where did you get that information from? You lose all credibility when you write nonsense such as this. First do you know how long it takes to do a scoping studies or feasibility studies? Do you not know that it takes months to complete a scoping studies and even longer to complete a feasibility study? Now answer me how long has San Anton been listed and how long has San Anton defined a measured and indicated resource which is needed to do a scoping studies and than tell me if it is possible in that length of time to do 15 scoping or feasibility studies? San Anton has so far only done one scoping studies and one optimised pit studies thus far. Check back on the announcements in 2007 and you will find when they did the studies. Also do you not know that this recent study is needed because of the fact that it is hard to raise money ( haven’t you heard of the GFC?) and they need to scale down the capital cost and to improve the cash flow hence the study is done only for the gold rich area which is appropriate at this time in my opinion. Can you see now why they did not push this project over the last year?

And lastly you ask :(Where did the 4m ounces of au equiv go in the past 2 years?). Did you not read the recent presentation in October 2009 where it is highlighted that they have a resource of 4.5 million ozs gold, 202 million silver and 1,4 billion lbs of copper? Can you work out how much gold equivalent are there? Or don’t you know that this most recent announcement of 1.54 million ozs gold equivalent is only for the gold rich area?

Now you may have some issues with the management but do not try to put off others who are interested in the stock with misinformation. I can accept that when it is based on facts but you are basing your argument on misinformation to put it lightly.

Cheers