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So... if they can find a buyer for San Gold what would be a realistic price?
Since San Gold couldn't even meet the revised production amounts why do they continue to get financing to keep it going for another month.
Is Greg Gibson really working for San Gold or does he have another agenda to get San Gold's assests for a steal of a deal for another gold company?
Does anyone still read this board or is there just tumble weeds here?
Thanks for the update.
Did he say anything more about the "Offer"?
Can some one please tell me, with all seriousness, what this means?
If SGR is going to declare Bankruptcy why get a 1.6 million dollor Loan for 14 percent?
What is the resoning for the Bankruptcy protection for 30 days?
Does this mean the end?
San gold has released some very good drill results. Why can't they turn San gold around on it's own?
Who knows how much money will be needed to be sunk into Copperstone to get it up and running.
My fear is that the shares will get consolidated. The new share price will be 25 cents and then it will go down again to under 10 cents.
I guess only time will tell. It's hard to have four years of nothing but a beat down with out any signs of hope.
It seems to me that Gibson's agenda is to save Kerr Mines and then maybe San Gold.