Re: Visitors at SGR
in response to
by
posted on
Aug 06, 2009 08:39PM
San Gold Corporation - one of Canada's most exciting new exploration companies and gold producers.
It's well documented that average throughput was 50 t per hour on the bulk sample and the previous owner had no problem running tonnage. We now have multiple ore bodies and will require a larger mill asap which requires $$$ today, not when it's in the bank.
Increasing capacity by 50% by diluting the cap by 5% ~ 15 million shares, is a drop in the bucket. For comparison, G has 730 million shares out and Eldorado has close to 400 million.