San Gold Corporation

today sgr borrowed 1.6 million from b asset management lp.......terms

secured by all sgr assets

14% per annum payable monthly and note is payable on demand in full at any time

additional .9 million is also available on the same terms

fug talk about desparate times mr gibson was being polite when he said we were on the precipice of mine closure(my words not his)

yup when you have to borow money at 14% its spooky......the lender gets the whole company for 1.6 million.......yup the darn illuminatti is at it again....oops i have to put my aluminium hat back on.......i have said too much