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Re: None

Friday, 02/08/2008 1:47:56 PM

Friday, February 08, 2008 1:47:56 PM

Post# of 97239
With SGCP...

I think SGCP is very very solid. The OS is only around 143 million with a float of about 70 million. It's still under .02 per share.

They are getting ready to begin production of gold very very soon as the equipment is already in place and ready to begin. Also, from their website:

http://www.sierragoldcorp.com/geology_report.htm
5. Conclusion:

The estimated gold value in excess of US$472,000,000 in ExPL7/94 makes the property an attractive proposition.


Also...

http://www.sierragoldcorp.com/property_overview.htm
A more recent 43-101 report (competent persons report) completed by the company's geological consultant Hendrik Veldhuyzen in April 2006 stated the property was one of merit and detailed an ongoing exploration and development plan.

From Kitco, the price of Gold is still over $918.00:
http://www.kitco.com/

I am expecting something major to happen with SGCP as this stock presents a much better opportunity than what one might be accustomed to seeing in the penny stock world.

v/r
Sterling

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