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Sagan, you are so negative about this company that you failed to recognize the fact that Doug let you in on the fact that the gold portion of the company is self sustaining.
If that was put into a PR, this thing would fly...it's what we have been working towards for many years and now it's a reality.
I'm OK with some selling of shares to grow the AG side.
Doug has shown time after time that he is moving the company forward.
Although I had many of the same questions that you proposed to Doug, you're email was immature and out of line.
So, with all the hoopila last week, there still has not been any dilution....it's been almost 5 MONTHS!!!
"The corporation conducted dredging operations in the Tonkalill,i Bomballili, B0 and Zimmi Districts in 2012 and currently has 5 of its dredges operating in those districts."
This came out yesterday and looks like they still have 5 dredges running...thats a long season!
"The companys test planting of a variety of garden vegetables to determine the viability of future production for both local sales and export is completed and for the most part was successful."
Atilla, on the other board you said once things get going, that stock won't be a pinkie for long....what are your thoughts on SGCP...the same?
Late Apr to Mid may = sounds like it was only 3 weeks worth of work. 88 Oz isn't bad for 3 weeks!
so thats almost 200 oz of gold in 2 month and almost 250 oz YTD...not bad! Once the black sand processing kicks in we will see some real numbers
As soon as black sand processing starts, we'll see lot's o gold. Most of the mined gold is still in the black sand, so it's probably some sort of multiple of what has been hand picked already
If Doug is going to be out of country for an extended period of time, i would think if SGCP had to sell shares he would have taken care of that before leaving. Which means if we don't see any in the next week, we should be good for a long time. The last time was 4/4, so we are already showing improvement.
Found link to assay results. Very high for Bo/Sewa, but Pampana is low...thoughts???
http://www.otcmarkets.com/financialReportViewer?symbol=STHG&id=79991
can you post link to assay results, can't seem to find
John hasn't changed anything on his LinkedIn profile....yet.
Can anyone provide his phone number from before it was remove?
total extraction from last year was 404 oz
This FR announces that within the last month they extracted 25% of all of last year's production ...NOT BAD!!
With the black sands, i don't think they will have any problems hitting their 1,000 oz goal = profitable company
Did ya'll hear John say that we have 45,000 additional acres we are looking to expand agr and CC into!!
Fish....what did he say?
So, if i am projecting SGCP's overall gameplan, which has been discussed on this board in the past: SGCP is gobbling up mining concessions, converting those into licenses and is now JVing those out to other miners!?
Thats a phenomenal business plan. Hardest part has been laying the foundation and getting to this point.
They created the relationships and now others can pay us to come in and use what we have put into place. And it sounds like there are other companies ready to work with us. if they can get 4 companies into a similar deal to what was just announced, they will be sitting on $2M easy. Good starting point....and profitable.
Sounds pretty good to me!
thats real interesting, the one in the video is smaller than the one the JV will be using and the one in the video can handle 1 yard (1.45 tons of dirt) every 5-6 minutes. Thats pretty good considering the assay results.
This was posted on our new partner's IHUB board...those guys are interesting folk.
Accurate and SGCP controlled by the same person?
http://accurateresource.net/# - Click on "Information Contact" on the top and you'll see:
CEO John Semachko Jr
1-330-273-6181
So he's doing a JV with himself?
Website is pretty new, registered by somebody else:
Registrant:
Accurate resource Development Corp
815 Slater Ave
Pleasant hill, California 94523
United States
Registered through: Go Daddy
Domain Name: ACCURATERESOURCE.NET
Created on: 01-Dec-11
Expires on: 01-Dec-13
Last Updated on: 01-Dec-11
Administrative Contact:
Rezek, Joseph jrezek1@hotmail.com
Accurate resource Development Corp
815 Slater Ave
Pleasant hill, California 94523
United States
925-262-7372 Fax --
Technical Contact:
Rezek, Joseph jrezek1@hotmail.com
Accurate resource Development Corp
815 Slater Ave
Pleasant hill, California 94523
United States
925-262-7372 Fax --
Domain servers in listed order:
NS73.DOMAINCONTROL.COM
NS74.DOMAINCONTROL.COM
Wow, it's going to take them forever to get something that big into country and position. But it looks like it can get us soem gold!
Go SGCP
Thats is just one of their subsidiary companies. The other that SGCP is dealing with looks somewhat legit.
so, what is a "50-ton per hour mobile placer plant and fully operational support equipment"??
Is this just a dredge?
They have pretty high estimates on recovery, a level SGCP has never discussed.
Thoughts??
cool, any intel woudl be greatly appreciated!
Hey PRO,
Did you say you were going to try and get a meeting with John/Doug early this new year?
thanks
perfectly said!!
go SGCP!
Pro:
As a well respected member of this board and being at the forefront on DD and interactions with Doug/John, your Q1 PPS projection is definitely a vote of confidence.
Keep up the good work and I look forward to the outcome of your meeting with Doug/John.
picked up another 1.25m, time for lift off
What's L2 look like? think this will pop today?
With 2 operations in Pampana, 2 in Bo, and 1 in Zimmi, would this mean 4 dredges and 1 solo land ops? Anyone have any intel on what the land ops includes or thoughts on 5 operations when I thought they were planning to use 4 dredges this year.
PR OUT!!!!
Sierra Gold Corporation Announces Pampana River Licensing
TORONTO, Nov. 7, 2011 (GLOBE NEWSWIRE) -- Sierra Gold Corp. (Pink Sheets:SGCP) announces licensing of Pampana Concessions.
Sierra Gold Corporation is pleased to announce it has returned to the Pampana River and has licensed 4 concessions mentioned in its last Field Report that had surface rents previously paid. With the licensing completed, the company is moving dredging equipment into position to commence operations as soon as river conditions permit.
As part of the agreement with the landowners and chiefdoms involved, SGC has committed to improving educational infrastructure and opportunities within those specific areas. This is beneficial to both the local chiefdoms and SGC's long term relationship with them.
Safe Harbor: This news release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 (The "Act''). In particular, when used in the preceding of discussion, the words "pleased," "plan," "confident that,'' "believe,'' "expect,'' or "intent to'' and similar conditional expressions are intended to identity forward-looking statements within the meaning of the Act and are subject to the safe harbor created by the Act. Such statements are subject to certain risks and uncertainties and actual results could differ materially from those expressed in any of the forward-looking statements. Such risks and uncertainties include, but are not limited to, market conditions, general acceptance of the company's products and technologies, competitive factors, the ability to successfully complete additional financings and other risks in the company's SEC reports and filings.
Anyone catch the new season of Gold Rush Alaska on Discovery channel?
Started selling in 2007...this is old news
Anyone talk to Doug/John lately?
Shouldn't there be a quarterly report coming soon??
Their very good results.
If they can pull decent amounts from the black sand that is stockpiled and work on the Yele feeder rivers in this rainy season (as I think they said they wanted to), we SHOULD be profitable this year.
Great numbers in the PR. Should get movement from it! Their back to where they should be.
STI, I think you are 100% correct. The concentrator matches up to the one on Keen's site. This is probably what they were referring to in the last FR about black sand recovery operations. They got 20 tons to process so they need ta get movin
Also, the pictures now have captions!
is 20 tons of black sand concentrate a lot? Any idea of recovery rate?
They have only sold $15k in each of the last 2 months. pretty good considering that most of their gold is still in the concentrate and they are probably still waiting on revenue from sold gold to hit their bank account
Are we supposed to get a FR today?
Can someone PM the news as well?
Much appreciation
With the new form D out yesterday, can someone educate me on the process? It was signed yesterday, does that mean they sold the shares yesterday or that they had done it in the past and are now identifying it (delay)?
Thanks