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.
Re: News
about 14 years ago
0
in response to Silverback's message

I contend they could get many more on the open market if they upped the ante to $5. Look at the volume today. And what a pittance that would be when the white knight says 'let's start at $5 billion'.

I don't think that Dundee could grab over half the trading volume at only a 25-30% premium to the current market. I don't think the other market players, many (most?) of whom are absent trading SGR most days, would let them get away with that kind of a move on ANY company that easy. Even the Algos would get in on it. So, I guess we'll have to agree to disagree on that point.

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Deliverator
City
Vancouver
Rank
President
Activity Points
11550
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Date Joined
11/24/2007
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San Gold Corporation
Symbol
SGR
Exchange
TSX
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371,610,981
Industry
Metals & Minerals
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