http://www.sangoldcorp.com/s/Articles.asp

cross reference with:

San Gold Corp. has entered an agreement with a syndicate of underwriters co-led by Dundee Securities Corp. and BMO Capital Markets, and including CIBC World Markets Inc., Raymond James Ltd., TD Securities Inc., Cormark Securities Inc., Wellington West Capital Markets Inc., Mackie Research Capital Corp., Stonecap Securities Inc. and Toll Cross Securities Inc.

I guess this means their 12 month targets will be going up.

I can't help but think things are going to plan. Ned's that is.

I wonder who gets a piece down south?

The common shares to be sold under this offering will be offered in the United States on a private placement basis pursuant to an exemption from the registration requirements of the U.S. Securities Act of 1933, as amended