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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. It is engaged in exploring for gold/copper (with molybdenum/silver) porphyry and epithermal vein systems in Chile. Its properties include 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 Project consists of about 25 exploration concessions and nine exploitation concessions totaling 8,796 hectares (ha). The Nancagua Property is a high grade mesothermal gold-silver prospect and has six linear kilometers (km) of veins. The Property is located approximately 120 km south of Santiago, Chile. The Punta Alta property consists of seven exploration concessions totaling 2,000 hectares and is located eight kilometers north northwest of the historic Carrizal Alto copper-gold-cobalt mining camp in the Coastal Cordillera of Region III, Chile.


TSXV:SLG - Post by User

Comment by jutah70on Apr 29, 2016 10:13am
190 Views
Post# 24824809

RE:Hey Now !

RE:Hey Now !I sold my shares recently to divert the funds to another name.  Still qualified to receive the rights offer.  I did the calculation and may subscribe.  But the problem is the massive dilution of the stock.  And that so much is held by a few hands.

What will happen is they will likely do a reverse split (consolidation).  Trouble with that is it allows for even further decline in the share price and keeps the spiral trending downward.

Just can't believe after the hype on the company, the great assets they have, that they stock would have done what have seen.

Not sure if you are getting the clean slate / fresh start you are thinking.
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