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SNIPGOLD CORP V.SGG

"SnipGold Corp SnipGold Corp is an exploration stage company. The Company is engaged in acquisition and exploration of mineral resource properties in British Columbia, Canada."


TSXV:SGG - Post by User

Comment by imerc23on Oct 17, 2012 12:15pm
246 Views
Post# 20493607

RE: insider buy

RE: insider buy

Thanks for noting that, geodgan.  I'm afraid I see it as more bad news, however.  In SGG's latest NR, they'd said: "SnipGold is currently pursuing non-dilutive financing options and other asset enhancement arrangements."  I'd hoped that they were in negotiations with potential partners, with the hope of being able to annouce some good news prior to the expiry of the warrants on Oct 19.

However, the fact that a director bought shares yesterday must mean that there are no pending deals at this time.

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