InvestorsHub Logo
Followers 329
Posts 43033
Boards Moderated 3
Alias Born 02/15/2007

Re: Huggy Bear post# 72969

Tuesday, 08/26/2014 8:51:45 PM

Tuesday, August 26, 2014 8:51:45 PM

Post# of 83053
Nope. DOA or at least dormant in near death coma. I don't think there's anything left. I seriously doubt there will be a meaningful settlement out of the Fairhills Capital case, and I don't think the current share structure could raise enough capital under any conditions to start over. I know a lot of guys are hoping for a better settlement and I hope they are right, but I'm not so optimistic.

It's too bad the way this turned out because this little outfit almost made it. Here's from the last summary in 2012. They weren't solvent, but they were getting closer. For a guy who "read this board for years" you sure got a lot of basic questions LoL! For all practical purposes, There is no more SGCP (but I'd like to be wrong).

From 2012 summary, ... the end of the road (NOTE: A lot of links have since gone dormant) They only got 300 some ounces for all of 2011 so 2012 was ahead of where they were at the same time the year before.

400 ounces of gold recovered through August 2012 http://www.sierragoldcorp.com/field_reports.php

196 diamonds recovered through August 2012 . http://www.sierragoldcorp.com/field_reports.php

30 metric tons of rice sold into the local markets. http://ih.advfn.com/p.php?pid=nmona&article=52928792

1.5 metric tons of sorghum to the Heineken Brewery people. http://ih.advfn.com/p.php?pid=nmona&article=52928792

4 dredges, 1 wash plant, 3 tractors, a 5,000 gallon fuel bowser, multiple warehouse locations, over 3,000 acres under cultivation and a dredge manufacturing compound. http://www.sierragoldcorp.com/photos.php

4 years worth of monthly updates to shareholders via Field Reports: http://www.sierragoldcorp.com/field_reports.php

SEC Complaint against Edward Bronson/E-Lionheart Associates/Fairhills Capital for fraud against SGCP et al:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=78910652



.................................... MINING & METALS Board http://investorshub.advfn.com/~*~Mining-and-Metals~*~-15977/