Re: San Gold Corp and Kerr Mines Inc Enter into Letter of Intent to Merge Businesses
posted on
Jul 21, 2014 12:07PM
San Gold Corporation - one of Canada's most exciting new exploration companies and gold producers.
They trade at .o25 and just recently purchase american bonanza which I am familiar with having lost a bundle on them because they could not produce at the grade they were stating (sound familiar). Someone seems to be dumping all the crappy mines into this company. They have a billion shares outstanding without this transaction so for sure a consolidation is in the works. Does not look good for shareholders of sangold.