Hey JJ!

Thanks for your insight, hope you are right about the crusher.

I owe it to folks like Elementwise for my estimate lol, that and I know the previous 43101 was somewhere around 1.6 since then they seem to have added a fair amount to that, not to mention what as of yet is undiscovered. My question then is how do markets typically value companies like SGR based upon resources in that neighbourhood (in terms of market cap). I know there are several variables to take into consideration, among them management, political, staffing, POG, economy, cost to mine etc, although SGR appears to rate well in most of those categories, the teeting problems you mention could be holding us back some as well.

In my simplistic view of things if they have 2.5 mil ounces at a cost of $350 (read that somewhere, probably here) and with gold fluctuating around $850 = muchos dollaros. Obviously there is much more to consider, but with a 400 mil market cap this is well below what the gold underground is worth. Seems to me that with a mill already in place and some money in their bank (40 mil?) this pup is well undervalued.

And i'm sticking this out, seems to hold a lot of potential, better than my unfortunate investment in BWR last year heh (dont worry im out of that one, but it hurt a little!)