San Gold Corporation

All I can say is read the 43101. They need over 200 million in the next four years and that doesn't include exploration. They are also using a declining gold price in their model and even put in the disclaimer that a falling gold price could be problematic.

There's also a story in the Northern Miner pretty much summing it up and why all the analysts cut it to underperform.

Maybe this is the uncertainty they wanted?