Sutter Gold Mining Inc (SGM)

[NorCalMinerals]

IMO I don't think they are waiting for anything, they've just run into a few issues which is to be expected in an operation of this scale.

I drove by the site weekend before last and there was a ton of progress at the site since I'd last seen it earlier in the year. Most of the site is clearly visible from old Hwy 49.

I think they are definitely on good ground there, I've actually seen the gold in the veins there back when you could take tours fairly deep into the mine. Whether they can get it out profitably and pay back their loans etc is probably the big question but it sounds like they've tightened their belts a bit which is probably a good move right now...

NorCalMinerals