yes, someone could want to buy it, but I doubt Hugh, Dale, Greg, Ian and many institutional owners are willing to sell anywhere near these prices.

I wouldn't really call it high grading, they are stock pilling the "marginal" ore on surface till the gold price improves. They want to achieve and maintain the head grade at 5 or more grams, hit their overall production target and be positive cash flow. I would guess if they are running under forecast near quarter end they could run the some of the stock pilled ore to achieve the oz but not to let the quarters avg grade be any lower than the previous quarter.

I just bought more the other day at $.20 thinking gold might break out, got caught going the wrong way. Bought a little today at .165 because of the players buying / accumulating at .16-.165. Also bought a little more NVO last week (Nova resources) at .$75 in a TFSA account because of the potential upside) I could really use a home run after the last few years of George.

I'm not sure what SGR's cash position is right now and if they are running above break even. I'm not concerned and I don't think anyone is under pressure to sell the Company, so in the mean time I still trade maybe 10% of my holdings, maybe weekly, to lower my average cost and keep me interested, although I'd be more interested to see some good drill results.

GLTA