Re: San Gold closes $8.82-million debenture financing

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San Gold Corporation - one of Canada's most exciting new exploration companies and gold producers.

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mbgld

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Re: San Gold closes $8.82-million debenture financing

in response to

Re: San Gold closes $8.82-million debenture financing

winnerpeg

posted on Jan 02, 2009 06:42AM

General rule of thumb for a company in a stable environment both politically and financially is for every million oz in the ground should equate to one dollar/share. So if we could reach 3 mil in oz this year a $3 sp is attainable. Of course that does not include infrastructure but the market is not giving us much love for it at this time anyways.