San Gold Corporation (CE) (SGRCF) 銘柄情報

Trade ya my STORNOWAY --as a swap

GOLD GOLD GOLD PLAY...LOOKS READY FOR A BIG MOVE HERE~ WONT TAKE MUCH VOLUME TO SEE .05+ HERE~ $SGRCF

WHY IS THIS ALLOWED TO TRADE IS MY CONCERN. THEY NEED TO COME CLEAN.

RE:RE: Back from the Dead? (Probably NOT!)
Did I read that Sedar report correctly? Not getting into specifics around 2018, Sprott increased his holdings of the supposedly defunct San Gold by about 10% or about 35 million shares?

"...As at May 31, 2018, there is a net increase of 35,345,300 in the holdings of Common Shares of the Issuer. This has resulted in a net increase of 9.43% in the Eligible Institutional Investor’s securityholding percentage, assuming the exercise of the Warrants...."

Obviously, with these almost voided sub-penny shares at the time ... this would have been a cheap purchase! But why buy acquired shares ? Of a defunct mining company like San Gold?

Does anyone have any intriguing responses?

79780P

https://www.sedar.com/DisplayProfile.do?lang=EN&issuerType=03&issuerNo=00022422

Please note San Gold went into bankruptcy and was acquired so.... technically San Gold owns nothing!

https://www.1911gold.com/

"... Havilah Mining Technical Report for the True North Mine, Bissett, Page 15
Corporation. Manitoba, Canada

1.
Summary

Practical Mining LLC (PM) and P&E Mining Consultants Inc. (P&E) were engaged by Klondex Mines Ltd.(KDX), to prepare a Technical Report (TR) in accordance with National Instrument 43-101 (NI 43-101) of the Canadian Securities Administrators. PM’s and P&E’s evaluation of the True North Mine (True North Project, True North, or the Project), located in Bissett, Manitoba, Canada, is presented herein. This TR, dated the 8th day of May 2018, with an effective date of March 31, 2018 provides the initial Mineral Resource Estimate for the Project.


1.1.
Introduction

True North is located in southeast Manitoba, Canada at the edge of Bissett township on the north shore of Rice Lake. It lies approximately 100 miles (162 kilometers) northeast of Winnipeg, roughly 150 driving miles (234 kilometers) via all-weather Provincial highways. The town of Bissett is a long-established mining community with a fluctuating population which is currently approximately 340 people.

The mine accesses quartz vein gold mineralization using shafts and underground mining methods. The Project has an on-site processing facility comprising crushing, grinding, gravity concentration and flotation. A Carbon-in-Pulp (CIP) circuit treats the tailings from the gravity circuit.

Klondex Canada Limited (KC) acquired the property from San Gold Corporation in early 2016 for total consideration of US$31.1M. Mining and processing operations began later that year. KC also implemented an underground drilling program to expand the mineral resource. Klondex Canada is a wholly owned subsidiary of Klondex Mines Ltd. (KDX). (Klondex 2018)

On March 19, 2018 KDX and Hecla Mining Company (Hecla) announced the latter’s purchase of KDX. Coincident to the purchase, the Canadian assets of KDX including Klondex Canada and the True North Project is to be part of Havilah Mining Corporation (HMC or the Company) under a plan of arrangement. HMC is a newly formed entity independent of KDX and Hecla. The True North Project will be the only material asset of HMC and this TR provides the initial estimate of Mineral Resources for the Project prior to the ownership by HMC.


1.2.
Property

Land holdings at True North were acquired by KDX through bankruptcy proceedings of the San Gold assets in early 2016. The former San Gold property includes the True North Project, and regional land package consisting of 18 patented mining claims, 262 unpatented mining claims and 2 mineral leases totaling 97,282-acres (39,369 ha). ..."


https://www.sec.gov/Archives/edgar/data/1311605/000106299318002429/exhibit99-1.htm

https://mnpdebt.ca/Style%20Library/MNP/files/media/documents/San%20Gold%20Corporation/Taxed%20Final%20Statement%20of%20Receipts%20and%20Disbursements%2c%20June%2011%2c%202018.pdf

"..

Recovery of Investment Losses in San Gold Corporation

Have you suffered losses investing in San Gold Corporation? If so, The White Law Group may be able to help you recover your losses through FINRA Arbitration.

San Gold Corporation explores for and produces gold in Canada. It owns and operates the Rice Lake Mining Complex, which includes the Rice Lake mine, the Hinge mine, and the 007 mine located northeast of Winnipeg, Manitoba. The company’s Rice Lake Mining Complex includes 300 claims totaling approximately 40,000 hectares. It also owns various mineral claims in Ontario. The company was formerly known as San Gold Resources Corporation and changed its name to San Gold Corporation. San Gold Corporation was founded in 1997 and is headquartered in Winnipeg, Canada, according to Bloomberg.

In June 2015, San Gold Corporation (TSX-V: SGR) closed the sale of all of its assets, subject to certain limited exceptions, to Manitoba Ltd. Accordingly, San Gold became bankrupt June 22, 2015, and was de-listed from the TSX Venture Exchange.

The Trouble with Reg D Private Placements

According to SEC filings, San Gold Corporation raised capital in 2010 and again in 2014, through Form D private placements...."


https://www.whitesecuritieslaw.com/2017/04/15/san-gold-corporation-investment-losses/

Rice Lake Belt
Land Position
Historically fragmented land position
Consolidation
San Gold acquires Wildcat (2011) San Gold acquires Strikepoint (2012) San Gold acquired Cougar (2013) Klondex acquires San Gold (2016) Klondex acquires Bison Gold (2017) 1911 Gold staking (2018 - 2019)
Contiguous land packages - largest ever assembled for Rice Lake belt (>54,000 ha.)
Two major mine trends


https://www.1911gold.com/_resources/presentations/1911-Gold-Corp-Pres-Feb-2020.pdf

ESTRELLA, WHAT'S THE TAKE HERE?

HMMMMM. SOMETHING WE DON'T KNOW IS GOING ON DEFINITELY.

$SGRCF @ .02!

$SGRCF @ .0087!

San Gold Corporation (SGRCF)
0.005 ? 0.0012 (31.58%)
Volume: 488,000 @06/29/20 10:28:09 AM EDT
Bid Ask Day's Range
0.0038 0.0069 0.0038 - 0.005

I thought SAN Gold was defunct?

Hmmm...

https://www.whitesecuritieslaw.com/2017/04/15/san-gold-corporation-investment-losses/

Ya, Canadian markets are a different breed.
I don’t own any of this. I researched it and found some more recent ‘discovery’ info but have decided to stay away until real info is disclosed.

1911 Gold Intersects High-Grade Gold Mineralization in Initial Drillholes of the Phase 1 Exploration Drilling Program at its Rice Lake Gold Properties in Manitoba

January 30, 2020


https://www.1911gold.com/home/default.aspx

“... Due to the fact that San Gold has sold substantially all of its assets to the Purchaser, San Gold does not have the ability to make a proposal to its other creditors. Accordingly, San Gold will become bankrupt upon the expiration of the current stay period in San Gold's proposal proceedings, which expires today, June 22, 2015, at 11:59 p.m. (central). Following such bankruptcy, San Gold anticipates that its shares will be de-listed from the TSX Venture Exchange.

The Company also advises that all of the officers and directors of the Company have resigned effective today.

Information related to the bankruptcy proceedings, as it becomes available, will be posted on the bankruptcy trustee's website at:
http://mnpdebt.ca/en/corporate-insolvency/corporate-engagements/pages/details.aspx?title=san-gold-corporation ...”

https://www.newswire.ca/news-releases/san-gold-announces-sale-of-assets-to-secured-creditors-517972671.html

$SGRCF DD shows interesting info, M&A?:

https://www.sec.gov/Archives/edgar/data/1311605/000106299318002429/exhibit99-1.htm

Lead to:
https://mcguiresponsel.com/team/mark-odell/

$SGRCF @ .0019!

$SGRCF @ .0009!

Besides that wall looks like 30k till .02 lol imo

Yeah to buy 5 million and now to want to sell it that's weird

Wow looks like he trying to take a big loss now. Wow.

I sold my 100k @ .003. I needed cash. Lotto play.


GLTA

15 grand$ slap

5 mil slap

OTC Pink - Current Information


Price History
Date
Open Day Low Day High Close Volume
1/17/2020 0.0014 0.0014 0.0030 0.0030 883,844
1/16/2020 0.0011 0.0003 0.0030 0.0014 1,104,640
1/15/2020 0.0001 0.0001 0.0001 0.0001 500
1/10/2020 0.0001 0.0001 0.0001 0.0001 5,000
1/9/2020 0.0001 0.0001 0.0001 0.0001 54,425
1/8/2020 0.0001 0.0001 0.0001 0.0001 9,000
1/7/2020 -- -- 0.0001 0.0001 17,575
1/3/2020 0.0001 0.0001 0.0001 0.0001 200,000
12/30/2019 0.0001 0.0001 0.0001 0.0001 74,100
12/27/2019 0.0001 0.0001 0.0001 0.0001 47,000
12/24/2019 0.0001 0.0001 0.0001 0.0001 10,000
12/23/2019 0.0001 0.0001 0.0001 0.0001 1,000
12/20/2019 0.0001 0.0001 0.0001 0.0001 250,000
12/19/2019 0.0001 0.0001 0.0001 0.0001 18,300

https://www.whitesecuritieslaw.com/2017/04/15/san-gold-corporation-investment-losses/

And I am holding my 300K shares from 2014 at cost of 8 cents in the hope of some turn around because of the following holdings.

http://www.investorx.ca/search?FreeSearch=San+Gold+Corporation

Honestly, I dont know anything about the stock. I do see in the 10 year chart some one dropped 30m shares into the OS. Call the TA for accuracy. It is a Lotto play for me. Could be 100m dollar company. Or delisting. Maybe buyout merger.

GLTA

Tiny float wow

Prior to grey to pink over the years someone has been loading all the 30m OS at .0001. Holding my 100k shares for .50 cents¿¿¿

Hit .01 in 2018

Yep, I have noticed watching these grey to pink stocks that the bid and ask is not what it always seems to be shows as of now IMO...

Either going to skyrocket or go back down lol
Looked like half million slap would take it to 1cent on trading Friday imo

Sweet... Just went back to pinks and the word is still just getting around about $SGRCF...Somebody brought it back to life for a reason IMO...

Grabbed a few yesterday .was about to smash the .003 at close for 200k but waited will see what happens next week

Yes, it is headed that direction quick OmegaMoney29...

Looks like this is running to Penny's
Golden cross

Never deal with canadian stocks....lol....will screw you every time.....

z

I guess that would make since then the Unlimited A/S structure if I remember right about this...$SGRCF

Thank you... Nice DD there Z.... $SGRCF

Why $SGRCF is Current...From OTCMarkets:

This company is traded on the Toronto Stock Exchange under ticker symbol SGR. Securities that trade on one of our Qualified Foreign Exchanges that also do not have an obligation to report financial information to the SEC are put in Current Information.

z

Yeah.....wtf huh? Mistake?.....need to check today to see if there's filings.

z

Yep, I can see 'No Information' but current makes no since with no new filings? GL

How the hell can $SGRCF be Current? No new filings at OTCM...no SEC Filings.....wtf.....

z

SGRCF: And from No Info to Current.....lol...From Grey to Current in one fell swoop......how does that happen.......lol

z

I did...incredible volume but must be billions and billions in the float.

Look at $XMET

Very little volume...usually these run pretty well the first few days off the greys.

Should get a nice pop here today $SGRCF

Yep they changed it

Pink current!

$SGRCF Grey Market to Pink No Information

OTCM Link
https://www.otcmarkets.com/stock/SGRCF/disclosure