Re: bnn.......Not All Were Impressed/LINK to BNN
in response to
by
posted on
Nov 27, 2008 01:13AM
San Gold Corporation - one of Canada's most exciting new exploration companies and gold producers.
yes, we will go on the acquisition trail with our 30 mil. we raised through financing with no evidence of cash flow. I don't think we are in any position to take anyone over as we have yet to have established ourselves as a producer.
"in these times deals are possible as companies have been softened up and don't have a hard stance on developing their own piece of land"
I think you have it backwards as SGR may very well be on the block. Why all the visible PR activity especially going into tax loss season. Surely we are cashed up enough so advertising for that is not necessary. Only reason I can see is that the vultures are circling. Lets see a 30% premium on $2.20 gives us $2.86, everyones in the money, last placement almost doubled, the big boys move on. Jay Taylor will be able to sell his 7000 shares easily. Anyone else part with their shares for the preceding price???
Cheers