San Gold Corporation (SGRCF)

[goldenpolarbear]

"...While it’s too early to see solid results from Rice Lake, San Gold says it’s on track to produce positive cash flow. It reported a net loss of 2¢ per share in the first quarter of 2014, up slightly from a loss of 3¢ per share in the same period last year. Some highlights during the first quarter included putting in a new mine plan and transitioning to long-hole mining. It also slightly brought down the total cost per ton to $106 and increased mill recoveries to 94%...."

- See more at: http://www.northernminer.com/news/san-gold-to-merge-with-kerr-mines/1003167593/?&er=NA#sthash.NZ6G4obA.dpuf

http://www.northernminer.com/news/san-gold-to-merge-with-kerr-mines/1003167593/?&er=NA