San Gold Corporation (SGRCF)

[goldenpolarbear]

NOT good ENOUGH & NOT PROFITABLE! Re:-Q2-2014-San-Gold

http://mobile.tmxmoney.com/quote/readnews/?id=69623325&symbol=SGR

"...During the quarter, the Company produced 11,375 ounces of gold and recognized a quarterly loss from operations of $4.2 million and a total and comprehensive loss of $8.5 million. Exploration expenses decreased by $5.6 million and depletion expense decreased by $3.0 million. Additionally, capital expenditures were reduced by $8.6 million or 51% compared with Q2 2013. These savings were offset by a total reduction in revenues of $10.4 million or 34% compared with last year...."