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SGX Resources Inc V.SXR

"SGX Resources Inc is a Canadian company which is engaged in acquiring, exploring, and developing mineral properties in the Timmins region of Ontario, Canada. The company holds an interest in Timmins South properties, Timmins North properties, and other properties."


TSXV:SXR - Post by User

Bullboard Posts
Comment by Alchemist7on May 06, 2010 1:42pm
398 Views
Post# 17070352

RE: RE: RE: market cap !?

RE: RE: RE: market cap !?

I'm not real sure why San Gold spun it off n the first place ---  The only project I know about is the 50/50 venture with Newcastle.   Personally, I'm staying with Newcastle, but keeping an eye on this one.   With San Gold holding about half of the shares, it looks like it could be manipulated to be worth what they wanted it to be???    Just not sure on how all this works, but I'm sure you will get more answers from knowledgeable  posters on the San Gold board or the Newcastle board.

Sorry I couldn't help much.

As Always,  Best of Luck

Alchemist7
Bullboard Posts