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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

San Lorenzo Gold Corp
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Post by klondike123on May 07, 2015 11:28am
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Post# 23704272

What Happens Now???

What Happens Now???In plain English...what is the status of the debt payment to creditors?  I know they couldn't make the payment April 30th.  The recent release states that they are meeting with Bondholders to negotiate...but I wasn't sure entirely what the recent news release was about?  Does it come down to next whether or not the creditors give Stelring more time or not?  WHen will we know?  Is this a good buy now or should we wait for creditors to work with us?

Cheers
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