Re: Talk about Putting,'Lipstick on the Pig'.
in response to
by
posted on
Oct 06, 2011 09:24PM
San Gold Corporation - one of Canada's most exciting new exploration companies and gold producers.
I like the exploration results better than production.
Last 1/4 (Q2) 19,276 ounces were produced and 28.4 mln in revenue.
This 1/4 19,119. At $1650 per ounce is $3.154 mln. (still not cash flow +ve).
Would appear TD got these results earlier today.... if they reduced their target down to $3.50 from $4.00.
Obviously, there are those who have a heads up on these results!