Re: Conditional TSX Approval
in response to
by
posted on
Oct 17, 2010 03:30AM
San Gold Corporation - one of Canada's most exciting new exploration companies and gold producers.
Hi Goldraider
I was just wondering if anyone knows of a guideline for how long it takes to go from conditional to FULL approval
If you want the worst case you need only read the NR.
Listing of the common shares is subject to compliance with all of the requirements of the TSX, including receipt of all required documentation by the TSX no later than January 5, 2011.
That would be for filing, so I would assume that you could tac some more time on to that. IMHO however I get the feeling that they have already prepared and filed the documents as per the NR. and we will not have to wait too much longer.
The Corporation anticipates filing final listing materials with the TSX within the next few days. The Corporation will issue a further news release as soon as the date for trading on the TSX has been confirmed. Once listed on the TSX, the Corporation’s common shares will be delisted from the TSX Venture Exchange.
As for the TMX showing insider activity, I have often wondered if Goodman is considered an insider as often we see inside activity on the TMX that does not get reported as insider activity anywhere else. Lunch might be able to offer some insight on the subject. If there is someone selling, Rick B would be a good bet as he still has some of the $.38 stock he converted in March. I also have a theory that Rick and Courtney might be moving on to concentrate on the new subsiduary of SKP. Only a wild guess on my part, however some changes will be needed on the board of SGR in order to take it to the next level and with all the new business going on over the fence those two will be needed to bring the new company along. Only an opinion that holds about the same weight as a guess. lol