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San Gold Corporation - one of Canada's most exciting new exploration companies and gold producers.

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Message: ongoing financing and production
1
May 21, 2009 01:35PM
1
May 21, 2009 07:52PM

Looking at the sedar financial extracts,

The Company will be dependent upon future financings or an improvement in operations to generate sufficient cash to meet obligations and discharge liabilities as they become due.

The Mill is expected to transition to a seven day a week operation in the second quarter of 2009 as mine production rates from the Rice Lake mine and the new Hinge mine are increased.

I suppose until the hinge bulk sample comes through, is it impossible to get a realistic projection for the balance between future production and the need for cash.

Anyone want to try a stab at a projection?





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