San Gold Corporation (SGRCF)

[goldenpolarbear]

Just recently, Eric Sprott said in an interview with Marin Katusa (Casey Research) that he bought a gold mining company that is trading at 2.5% of its four year high while the company actually produces more gold now than several years ago. Via deduction, we know that he is talking about San Gold Corp. as four years ago, the stock traded at $4.5/share, while today it trades at $0.17/share (Chart 1). Indeed, on September 12th, 2013, Sprott Asset Management closed a private placement offering of 32,000,000 units at a price of $0.125 per unit for aggregate gross proceeds of $4,000,000.

http://seekingalpha.com/instablog/839735-katchum/2245042-why-eric-sprott-likes-san-gold-corp