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Bullboard - Stock Discussion Forum 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 Discussion

SNIPGOLD CORP > here we go!
View:
Post by geodcan on Jan 08, 2014 4:56pm

here we go!

round 2? 4.375 million dilution and more insiders being granted shares with perks under the options plan. I'm not sure for what but that management sense of entitlement is alive and well. I guess when you sell the shareholders assets you better consume the working capital before the shareholders get wise. oh yea, the 4.375 million dilution only gained 350k for the coffers and it looks like the market thinks Colorado got the better part of the deal. I'm so far down on this deal I will just hang on to what I've got in case this team can pull a double play. Colorado seem to be more alive than sgg and might drag us up with them.
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