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The share price seems to be holding here and the share structure seems to be really nice and don't expect the O/S to increase much due to capital in place with revenues to come in once production starts. It's my favorite gold stock as of now!
Very interesting reading. 43-101 done. Permits in place...they have the resources and equipment. Production in 2012? Looks like this could be a winner.
SGMNF is a very professional company with the way they go about their bussiness plans such as putting together a well done preliminary economic assessment plan for the Lincoln Gold Mine.
Here's a link to SGMNF news releases where you can read the preliminary economic assessment plan along with the 20 million prepaid capital to finance the mining operations!
Never been the first poster before, but in doing so I wanted to make sure it was a real company! May many good things happen for SGMNF and its investors.
Sutter Gold Mining has recently started drilling at the lincoln Gold Mine in the California Sierra Foothills to prove up reserves of gold there. They are getting ready to start gold production soon at the Lincoln Gold Mine with the required non dilutive capital in place and with the new road in place to the mill site.