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

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Message: Re: Q2 Results - SXR paper loss
3
Aug 13, 2012 08:47PM
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Aug 13, 2012 09:37PM
3
Aug 14, 2012 01:42AM

previously had a large gain, now a 3.5m loss.

San Gold recognized an expense of $3.5 million associated with its share of SGX's loss for the quarter. The carrying value of the Company's investment in SGX is currently therefore recognized at $0.9 million. The market value of the Company's 36.7 million shares of SGX is $11.4 million as at June 30, 2012.

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