San Gold Corporation

Welcome to the San Gold HUB on AGORACOM San Gold Corporation - one of Canada's most exciting new gold exploration and mining companies.
in response to Silverback's message

You have to spend money to make money and where there is a vehicle like FT available you would have to be living in your parents basement to know this wasn't coming.

6 million shares is a relative drop in the bucket compared to what other people's money could add to the resource. 10$ an ounce discovery cost is 2.5 million ounces and if the syndicate expects the same rate of return from their last 1.50 pp then there's only 1 way the sp is going.

When you consider the last FT was $20 million for 13.5 million shares about 1.5 years ago, I would say management is doing their job and the perennial haters out there are like Deliverator put it -

"They know not because they will not understand. None so blind as those that will not see. They have baffled their own consciences, and so they walk on in darkness."

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Lunch Meat
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President
Activity Points
15356
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Date Joined
02/21/2009
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San Gold Corporation
Symbol
SGR
Exchange
TSX
Shares
371,610,981
Industry
Metals & Minerals
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