Re: News
in response to
by
posted on
Aug 12, 2010 01:33AM
San Gold Corporation - one of Canada's most exciting new exploration companies and gold producers.
In my opinion, da boyz could get all they want at $5 plus in a blink instead of this slow bleed.
I think they'd find it extremely difficult to go out and buy over 7% of the float (20M/276M) on the open market at anywhere near $4. The signals it woud send would most likely rocket the share price. So it would appear that the financing has worked out very well for the buyers. But that's just my opinion.