Management did get it right in the current financial climate (maybe they could have done much better 12 months ago ), If Santana hits paydirt which is a great possibility We have a equity partner Primero who will have the cash to develop it maybe take over it and achieve speculative gains to go with it i still have most of my shareholding and im definitely putting them in the bottom draw As soon as the merger is completed santana will spend the full 4 mill to develop both exploration sites as quickly as possible We will know by Christmas one way or the other
CJO Price at posting:
12.5¢ Sentiment: Hold Disclosure: Held