San Gold Corporation

BNN Commodities with Paul Bagnall

"The Copperstone will come on line in Q2. It will be a lower cost producer than Rice Lake. Debt is a problem that has to be overcome. Money is hard to raise in this environment. Does not see SGR being profitable but we will see improvements in overall costs once Copperstone starts producing."

In other words, we have a long wait before we see any positive moves in the share price.