THE ALL-Knowing SGCP TRUTH TELLER!
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Gold Prices Up!` AnotherSGCP Doom&Gloom Wednesday.Another shareholders POV-belief(Not my words) below. Possibly true'r words never spoken
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>>This company has two or three employee including the CEO and the president, the rests are seasonal contract workers.
Authorized shares - 2,225,000,000
outstanding - 1,824,619,315 as of Sept 30.2010
They sold most of A/S and got all shareholders money. Now they do not care shareholders as long as they can legally keep them quiet by showing little better number each time than previous and that is what they are doing.
They got all needed equipment,now producing gold and can self-sustain by using only a portion of gold money. They are getting gold money in a country outside of USA and Canada . The gold recovered and the money earned can easily be shifted without keeping account. Now go figure what is going on – why the recent FR data is so low than the estimates they have given before. <<
We need New Management in SGCP, and i agree there is no disrespect in that. These SGCP managers could not perform to their own very low guidance last year for this year. When they set the bar modestly and failed to deliver shareholders should demand change.
BTw, this was mostly for Cancun Charlie
I'm sure SGCP will appreciate innovative excuses for FAILNG AGAIN. I think you have something there. We can save SGCP brain time coming up with fresh excuses. Here's one,
Pack mules stampeded with all the hundreds of gold nuggets and fine gold pouches into the brush and were never found.
Diamonds were mistakenly dropped on the riverbank due to a hole in the sack. A sudden gullywasher swept the diamonds back into the river somewhere.
Let's find some NEW managers who will spend our money as gold seekers and not produce sellers. That's why we need New Management! No respect is shown to shareholder money. TTmasher, I'd like to know if these guys are flying first class on our money.
We need new Management! Working Large amounts of river sand and mud saved for working after the season is over is ludicrous.Fuel costs in SL is similar if not more expensive than in the US, plus the costs of maintaining equipment and wear on the dredges. this makes going thru low grade concentrate that has 1 third oz per ton of concentated sand of gold prohibitively high to recover. Large amounts of river sand and mud saved for working after season is over. I believe it to be a total waste of effort and labor dollars in that concentrated mud that shareholders will foot the bill for. Fuel costs in SL is similar if not more expensive
Doom & Gloom. SGCP Stock down again. Investors continue to sell and move away from this company. Stock down over 33% in just the last 3 days of trading. SGCP management refusing to accept responsibility for poor performance.
My investing friends, i hope you are doing well after heeding my advice to lighten your positions before the production report came out. I think that even at this price, after the next PR the stock will sink to .0011
IMO, and everywhere in the business world, No-satisfactory reply from SGCP why they ended up borrowing 26,000 dollars? You would expect a reputable company to inform the shareholders in the news why they needed cash. SGCP does most of their information out of plausibly deniable means.
There is no doubt that one on one phone calls is an extremely unprofessional response to shareholder concerns. There is too much chicanery possible.
The stock continues to take a hit, shareholders are completely dejected by the performance of sgcp. Today: All day in the RED in trading, stock continues to be in free fall. Oh unless someone buys 10 dollars to close out the day.
Without immediate company news, the stock continues to fall, the investors flake away. We have heard countless different reasons put forth for sgcp failing iinvestor expectations!
don't believe it, the trend chart was set by an unscrupulous market mover. He won't be back until the stock goes to.0015 and i doubt he will get involved then.
I-anticipate a riot of SGCP selling today, a true bloodbath of investors dumping shares. GLTA!
Market mover,is that bad? To have a cultivated relationship with a webmaster, and push up expectations after knowing a stock will disapoint is bad? Just to get short term speculators to dump to me at a cheap price knowing the following web reports will be good in the future. I think it is all good. SGCP is a stock that disapoints.
More Doom & Gloom. Time-to-sell! Grawsha finds more headaches-for-SGCP investors!
I am looking to buy for an average cost of somewhere around .oo183 tommorow, so come on guys, let it drop. This is a really good chance for me to hit the jackpot in 28 days when the next PR comes out.
I think monday, it could go-down to .0017!
Doom & Gloom Monday. I'm buying if the price is right.
5.78 million shares for me yesterday at avg of 00202. Thanks everyone for the volume on selling. I look forward to next months PR, when i sell. There were so many longs who got discouraged, they should know better. The tipping point is next months figure, not the march figure. I see a great PR in April. If the april is not good, then i believe we are all being set up to have our company owners become land potentates in SL while we have egg on our faces. Hello, someone get SL citizenship papers for the company owners!
New Investors! TATF has just sent me a report on my trees, with pictures and assessment of their progress. For those that are interested they are doing just Great! The professionalism involved has me thinking i am very lucky to have selected TATF and Steve to be caretAKERS FOR MY TREES. i have looked over the track record of TATF and they have a super treeowner relations. The assessment says i am on par with other treeowners to have a superb payout in the future!
In looking at other such opportunities i see that the other farms are woefully short on their projections of profit compared to TATF. These non-TATF farms are run poorly and do not value add for profit in the trimmings so are a very poor investment.
I suggest that my experience is typical of TATF and a great testimonial to follow to profits!
If you notice most longtime tree owners are now getting their reward in the form of cashier checks for being with TATF through many years.
I will be going to visit my trees again and again to see beautiful costa rica.
My-Friends, April-Fools! Better-Luck-next year. Doom-&-Gloom Friday, Down 20% Who else is ready to give up? I'm collecting shares from LONGS! LOL. Not really directing this at you chris, just everyone who is putting shares in my pocket.
Get rid of your shares,the company has dissapointed once again, and once again, like alcoholics they have more excuses for why they are late and underperforming at work. You guys need to shed this company, I'm buying especially in large lots. The idea that the rest of the season will be great is a pipe dream.,come on, i'm buying up to nearly 5 % of outstanding shares.
I'm buying, get those sellers to give up more selling volume. I had nothing to do with any webmaster getting a vacation after getting any report from john, nor do i know the sgcp webmaster.
I see the stock at .0049 at end-of-day.
I'm not stopping buying on any number below 1 cent.
No doubt about it! I'm BUYING
I'm looking to buy millions of shares. I hope the selling gets heavier, I can't with paying commission increase fast enough. Who would sell just 3000 shares of sgcp? I would if i was driving prices down. But it was not me.
Cancuncharlie: That tallies in a strange way with something i became aware of in my dd that turned up yesterday mid morning. Without revealing any particulars you say you came up with that(speculation?) on your own?
That is good news out. hopefully it resets a higher base.
IMO, I think SGCP-will quadruple in stock-price after the Production report comes out, and continue climbing from there. double in the next week after that, My DD IMO says sgcp is on the-cusp and has everything working finely tuned on 8 cylinders. I don't reveal any secrets involved in my change of heart but i took to buying am holding and acquiring what i can.
I Believe-IMO SGCP-likely to take off and hit-three-cents after this dredge season! I would not be surprised to learn that sgcp is profitable after this PR in one week. BTW, I think it is against sec rules to put out a PR within so many dAYS OF A YEARLY AND QUARTERLY financial statement. The 2010 year end statement is due out. Time to BUY i believe is NOW!
Safe harbour was exploited by some companies to dupe investors.
John Semachko Jr, President of Sierra Gold Corp., commented "I am excited about the upcoming mining season. With four dredges operational in a variety of different areas, we expect a very positive financial year. Our dredge manufacturing facility will not only add to the company's mineral recovery potential but also will create employment and training for the local population."
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.
BTW, meltinglass, your post on market cap refers to 2010, i took the detailed quote available above on this message board in the intro that shows, No market cap for sgcp.
Doom & Gloom Tuesday SGCP market cap Zero according to the detailed quote above. What else can one expect from SGCP when it has yet to do anything but offer empty promises over the last 4 years? The company has never made profit, returned one cent to shareholders holding a million shares. For those who have a large percentage of your portfolio tied up in SGCP, IMO you should diversify, diversify, diversify, NOW!
Yes, and with cvm, you have to be quick on the good news to sell before cvm announces they have made a deal to dilute more stock. In the past this is usually within 48 hours of news taking the stock up.
SL, a panacea for corruption and protection from extradition. The major source of Farm losses-corruption in Sierra Leone.The farms may be doing poorly, and no buyers of produce found yet to justify the costs. The farms may very well Lose shareholders money. The only reason for the farms seems to be imo to payoff tribal chiefs,this is imo gouging any kind of profit the dredges might create for sharehholders. Imo the country ranked as one of the most corrupt on the face of the earth will snatch away any possible way for shareholder gains. The SGCP bid was just hit, the stock is going Down. No news out again today on how badly the dredges are performing and how little is being extracted as company is definitely Late and seems to continue to fracture.
ROBERTO, YOU Are Correct to be skeptical of SGCP after the history of this company. The lateness of the press release which i believe will undoubtedly claim fantastic looks into the future earnings of sgcp will also contain those disclaimers of future forward looking statements adsolving all responsibility for the inaccuracies. IMO, the company will once again dissapoint investors!
Sgcp down! Now the answer to your question:It was reported by someone who called the owners that the last dredge was closed down due to "Labor problems". More investors are wondering when this overdue report is coming out.
Most investors now skeptical, and late posts are revealing the depth of worry on sgcp's performance. I see sgcp unwillingness to come forward with a statement after doug came back as promised to be very troubling. When i get troubled, i sell, especially at a price that i know with a bad report won't be reached again any time soon. Roberto's post is very illuminating on the troubles sgcp is in.
Apparently SGCP-has difficulty now with labor problems. I believe it is for lack of paying workers because the quarterly statement showed them with operating capital of less than 80 usd! How are they supposed to add new labor without pay?
Doom & Gloom Monday Doug is back, and nothing from SGCP on a PR. This is going to be bad for investors. If i was a market manipulator, i would be selling every single share. There won't be any buyers after the bad news comes out! I just hope that the owners don't have a one way ticket to SL in their hip pockets.
Doug is back,"Upon his return", does that make it clear that the sgcp is Late, very late, with facts while they continue to all appearances to frantically sell stock.
Quarters have Nothing to do with pr's.
IMO, every investor is treading quicksand holding sgcp.
ps, what is the going rate for insuring sgcp crops in sierra leone? lol.
Investors are openly saying they are manipulating the sgcp stock upwards at the closing, nothing about sgcp stock price is valid.
Doug Evans is back/been back/where are the #'s? no doubt about it, SGCP is holding back the numbers IMO, and i don't believe the reason could be a good one for investors. If i could short sgcp i would do it in a heartbeat based on what is going on with high gold price and the lack of sgcp to have profit. Seems in my opinion sgcp is doing well selling shares more than pulling gold.
My Friends,.0009?Those numbers are way later than they should be and that move to wyoming to sell unlimited shares is looking to be the kind of move companies do to sell shares before they are about to disapoint. This is looking bad for investors.
IMO, your guess is right! I hope those farms are not protected from creditors outside SL.
Since moving to wyoming SGCP has released 225millionadditional shares, diluting more and more shareholder value.
https://wyobiz.wy.gov/Business/FilingSearch.aspx