San Gold Corporation

I am old school.. been in the exploration game for a long time.. and I have seen many things happen, transpire and get worked out... But this takes the cake

I cannot undestand how a company can spend $20 million plus in development and drilling in a quarter just to come up with a a report showing less gold insitu than they had a few months ago... Yes they mined some but by all indications not a lot... they now have a couple of new high grade zones in the mix to add to the total and it is still less anyone expected..

They raised another $80 million following the $25 million before that..

Help me out and show me how this is progress