~*~Mining and Metals Du Jour~*~

[the cork]

Disturbing news out yesterday.

SGCP Sierra Gold (.0003) was the victim of a fraudulent share selling scheme where over a billion SGCP shares were illegally sold.

SGCP is the victim, NOT the perpetrator in this case.

Read the SEC Complaint. SGCP is the first victim listed: http://investorshub.advfn.com/boards/read_msg.aspx?message_id=78848832

Acquisition period: 8/09-4/11
Resale period 9/09-5/11
Number of transactions: 30
Number of shares defendants illegally sold: 1.1 billion
Gross proceeds from resales: $1,713,000
Net Profits: $836,000

SGCP is starting bounce around on massive volume (over 200 million today alone), so there may be a tremendous opportunity to acquire shares in a Gold, Diamond, Lumber, and Agricultural PRODUCER at .000 levels if we start to trade "normally" again.

Here's a DD summary: http://investorshub.advfn.com/boards/read_msg.aspx?message_id=78892783