Re: Chraga
posted on
Feb 03, 2010 05:40PM
San Gold Corporation - one of Canada's most exciting new exploration companies and gold producers.
Your comments play well here in paradise however I feel that I must say something on behalf of the whiners. To begin with you offer scant evidence that the reason Mr. Goodman and his cabal want to keep things the way they are which is ostensibly because they want to increase their holdings at the expense of the little players. Should be easy enough to check: For how long have they owned 37% of the float? How does this percentage compare to say a year ago? If their position is indeed increasing it would add credence to your arguement.
I would also like to say that we are not all long term investors and as such expect the company to do what is right for us and honor what they have said in regards to the 43-101 and getting us listed on the TSX in a timely manner. Without prejudice, Cheers Alibaba