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San Gold Corporation - one of Canada's most exciting new exploration companies and gold producers.
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AGORACOM WIRE - FRIDAY MAY 25TH, 2012

FOCUS METALS (TSXV:FMS) Changes Its Name to Focus Graphite Inc.

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INTERNATIONAL PBX VENTURES (TSX:PBX) Signs Copaquire Joint Venture Option Agreement - $90M Potential Payment Read More

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Message: Shorts

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Re: Shorts

in response to Re: Shorts by Deliverator
posted on Oct 27, 09 09:06PM

I tend to agree with Wpg$$$.

Recent selling pressure is due to the early conversion of the $1.40 debentures. This move saved SAN $2.0 mln in interest, but put 6.7 mln shares onto the market which upset (tilted) the supply/demand equilibrium.

Seriously, share price aside, after last weeks' news release and given that we are now cash flow positive (that has been confirmed), the company is definately worth more this week than it was last week.

We will soon be $3.00 plus.

Merc

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