We are almost trading at cash value

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

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Lunch Meat

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We are almost trading at cash value

posted on Apr 18, 2013 09:36AM

Not sure what the current cash balance is but cash and cash equivalents were $55 million end of March.

The current market cap is $60 million.

If there were no capex forecast, the gold and infrastructure would be thrown in for free.

If that isn't a giant vote of no confidence, I don't know what is.

17 cents is cash value.

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