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San Lorenzo Gold Corp V.SLG.RT


Primary Symbol: V.SLG Alternate Symbol(s):  SNLGF

San Lorenzo Gold Corp. is a Canada-based company engaged in the business of exploring for and advancing mineral properties. The Company is focused on exploring for gold, copper, silver, and cobalt. The Company has three 100% owned properties in Chile: Salvadora, Nancagua and Punta Alta. The Salvadora property is being explored for large scale copper-gold porphyry targets and high-grade epithermal gold-silver-copper vein systems. The Salvadora Project consists of about 25 exploration concessions and nine exploitation concessions totaling 8,796 hectares (ha). Nancagua is a high grade mesothermal gold-silver prospect and has six linear kilometers (km) of veins. The Nancagua Property is located approximately 120 km south of Santiago, Chile. Punta Alta is an IOCG prospect with related disseminated and vein style high grade copper-gold-silver-cobalt mineralization. The Punta Alta property consists of seven exploration concessions totaling approximately 2,000 ha.


TSXV:SLG - Post by User

Comment by trivelaon Aug 01, 2014 10:47am
270 Views
Post# 22802365

RE:Coming off year lows.

RE:Coming off year lows.


Brave move. Guess I'll wait for the quarterly updates and in particular for results of well 8.

Sterling's portfolio on the surface is exciting, but at this point production is only natural gas, with a bit of condensate. Does not seem to be generating an acceptable return on equity (to say the least), and certainly does not seem to generate the hundreds of millions of free cash-flow needed to finance future CAPEX and pay back debt....

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