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

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Message: Q2 Results
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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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