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Message: Re: Nice SP surprise this AM. EOM

Dec 14, 2009 09:26AM
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Dec 14, 2009 11:22AM
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Dec 14, 2009 11:33AM

I think the share price got a nice little run from the drill results from the "new zones" oover the last few months (along with the price of gold). If they want that increase to stick and build a new base, come out with an updated 43-101, something that investors can use to justify a buy and hold.

Projected production of 250,000 ounces in 2012 isn't enough to garner investor's interest? Maybe if the market thought that SGR would make that goal, the price would have a little more traction. But with their production track record over the last 3 years since they first poured gold says that's not a good bet.

I think the share price is doing just fine considering the lack of documented reserves and past production results.

JFF7

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Dec 14, 2009 03:16PM
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Dec 17, 2009 01:32PM
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