Re: Sellers
in response to
by
posted on
Sep 10, 2008 10:53AM
San Gold Corporation - one of Canada's most exciting new exploration companies and gold producers.
Then this would be the right time to get some of that high grade ore into the mix, so that they can mitigate some of the burn rate.
If they are going to be under the gun as a result of this, ramping up production is the only true defense that SGR has to avoid another big financing.
This is why Dale would not commit any comments about further share dilution, because you just don't know what the future has in store.
So it would appear that SGR has another quarter to get this all in the system and be self sustaining. Tough thing to ask of them given their track record on production targets.