"I'm still looking for SGR to be somewhere around $1.10 or even a little lower now. Who knows, but if this happens it obviously be an outstanding opp. to add provided there is no negative SGR events."

I think you could be right. Sad but true. It's been twop years since they poured their first gold. If they were producing a profit now, they may not be at these levels. But would that have meant that they would not have uncovered as many resources?

There is no real way to know but I suspect that a revised 43-101 with increased resources will only get them back to where they have been. Profitable production will be needed to take them higher.

Judging by tonight's falling gold prices, more buying oppportunities are on the way.

JFF7