Something interesting in the Free Press today...
in response to
by
posted on
Nov 05, 2008 03:38PM
San Gold Corporation - one of Canada's most exciting new exploration companies and gold producers.
I was just reading the paper during supper and saw a story on the Mid Canada show and they featured a story on San Gold.
in the story, they talk about the Co. getting a bought deal financing for 20 million and the interesting comment about that was that the 20 mil represents about 25% of all the money raised in Canada for exploration in the 2nd half of the year so far.
That really puts into perspective about how important that financing is and about those who 'bought' the deal.
With money that tight and hundreds and hundreds of juniors hurting for money, this must be some kind of watershed moment in SGR's history.
This says more to me between the lines than anything else i have heard or seen lately, even bonanza grades!!!!!
AK