re: Ann: Santa Fe Announces Merger with TSX-V...
"IGS chose, after careful consideration, to provide a further A$1.25 million via a convertible note in Q3 2014 to ensure SFEG was able to continue mining operations in the face of extremely challenging capital constraints."
I hope that is a typo.... could of sworn we provided $2million
If that $1,25 million bought 9 million SFEG stock. that means we paid a premium of $0.13 per share roughly. http://money.cnn.com/quote/quote.html?symb=SFEG Not worth it at all
We are getting screwed here.
IGS Price at posting:
0.4¢ Sentiment: Hold Disclosure: Held