Some of the posts over the past day or so have talked about how the share price is seemingly controlled by some individuals or groups for specific reasons. This often seems plausible as we see the share price dropping in spite of the price of gold rising, and the share price going down when good news has just been released - the share price movement seems to have no clear relationship to news and events, so it seems like it is being "controlled" somehow.

It has been speculated that Goodman and friends are behind this; that is hard to prove but might have some basis. It was suggested that they are trying to keep the share price down in order to accumulate many more shares, and that they will later move the price way up once they hold enough shares of the company. It is an interesting theory and I cannot say it isn't true. And, if this plan comes to pass in the not too distant future and my shares go soaring up in value through a "planned price spike", I wouldn't complain!

I do have a couple of questions or observations relating to this train of thought.

1. What is the relationship between Goodman and Robert Cohen. I noticed awhile ago that Robert Cohen is some kind of legal counsel to the Goodman's - it this the same Robert Cohen? Are they connected and perhaps co-operating in their heavy investing in SGR?

2. Why would Robert Cohen agree to the huge private placement at $1.45 a month or two ago, when the share price had been down around the $1.05-$1.15 point for some time. I realize that these were flow-through shares with the extra advantages they offer, so that the shares should have some premium, but why so much of a hike, and there seems to have been a concerted effort to keep the share price from going down below $1.30 since. If we think the plan was to keep the price low in order to accumulate many more shares as cheaply as possible, this seems to go against that idea. If Goodman and Cohen are friends, it seems that Cohen didn't do Goodman any favours by getting the share price up.

3. Since a "private" Private Placement like SGR did with Robert Cohen would involve a deal being made between the Company and him, it makes sense that the Company also would want to see the deal fulfill their ideals; I could see the Company wanting to get the share price up....but I am puzzled over who ultimately is pulling the strings so to speak on determining just where the share price should be. Everyone has an agenda - whose agenda is being followed?

This type of price-controlling theory cannot be proved, of course, and would not be admitted to by anyone. I am not sure I believe it either, but it is intriguing and many days seems hard to deny when you see what the share price does.

Any thoughts on this from others?

NorthLion