THE ALL-Knowing SGCP TRUTH TELLER!
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Just sayin, Stocks under 5 dollars can be manipulated by traders,like flipping houses for insurance fraud can be, how much more easily can it be done in fractions of a cent!
Looks good, I doubt Sierras chances of getting that 1 in a billion spot at finding such.
Gold Fever, Stock Fever, Be wary of either when buying a stock like Sierra Gold Corp that has no institutional investors and is not showing a profit, has diluted the shares time and again by selling shares in an unprofitable company like Sierra Gold Corp. All they have given back to shareholders is dreams of striking it rich.
So they are stretching out the report to maybe 1st april.
Hand grabs of sand to judge gold density? That small a sample? They did not accidentally leave gold dust on their hands taking that sample?
So far as we know they have 70 dollars in cash for operations, but that was a while back. The phones are still turned on tho.
There is always the thrill being a gambler of worthless stocks with striking it rich and there are always conmen who have salted gold and silver mines to sell. Here we have gold fever combined with stock fever run amok supporting Sierra Gold Corp that when profits come in do not return it as dividends to shareholders.
Highly doubtful, more like they are treading water on the earnings versus company costs and corporate management compensation. If it is using the sales earnings to be used for compensation packages, i wonder if stockholders in Sierra are being neglected on dividend payouts?
Another dredge is supposed to pull the company out of the last balance horror sheet?
B4atf. I think posting a vid like that showed a lot on point of this boards concerns
Will Sierra Gold do a reverse stock split? The only way the company can get noticed since they are not profitable is to bring share prices higher and possibly create stock interest. First the board needs to come clean why and how with gold prices artificially high from speculators the companies balance sheet looks so poor.
Why is the stock of Sierra-Gold-corp so low with the gold price bubble we are seeing? What happens to the company when the gold they sell if they sell at current prices drop? Like it seems that even with all time highs of gold this company sends no returns for stockholders. Are the corp board getting compensation that withers the cash on hand and has stockholders thinking they are just scraping by?
A stockholder needs to know these things before buying more stock or selling.
Certainly is not showing as a positive in the company balance sheets. I have never in all my perusals of stocks come across a company with cash on hand at the end of a quarter of less than $80 on hand!
I see a base in the mid 60 cent range, and a sell at .80 over the next short term 3 months. Sad to say this company uses every pr gimmick to latch onto to drive the share price up before issuing more stock that kills any LT advance.
Speculatative bubble. That is why one must be very conservative about what prices will be when mining for gold. It is why when the price of gold goes up, the stock prices of gold mining companies do not follow in a rapid matching movement. Sierra seems to be barely holding on in their balance sheet. Margins security being asked for in futures trading of gold has climbed steadily, at some point, futures will have a limit on gold speculators from the hedge the trading platforms require to secure contracts on gold. Then the bubble bursts. Siera Gold Corp. is as you notice not making money at the current inflated prices of gold enough to more than scrape by. When the price of gold drops to say 850, give or take 100 , are they going bankrupt and cease operations?
Initial impressions can be deceiving but i believe the Sierra Gold Corporation to be unable to sell enough gold to stay alive based on how the stock is performing.
I am simply saying the company is virtually out of cash from my reading the latest balance sheet and selling capital equipment may be what they are doing to survive by selling their own dredges.
It is certainly the only tactic they have left, t sell pieces of caital equipment, when they are doing so poorly mining gold.
I did due diligence on Sierra Gold Corporation and i see no hope for the company to survive based on cash returns from mining versus cost of operations.
I don't see how Sierra Gold Corporation stays in business when they sell the dredges they need to get enough gold to sell to survive.
I think Sierra Gold Corporation sold the dredges because they were out of cash on hand. I seem to recall the company had less than 80 USD on hand in their last posted balance sheet!
Once again i have to disagree, the reason gold went up is because of greek and portugal bond credit default fears. Credit markets are no frozen and inflation is not in the forecast with the US still being the largest economy in the world. Gold as a hedge against these worries is not going to be as important to portfolios.
Most likely not. Gold seems to have peaked in the wake of disturbing news from the Mid East affecting the price of oil and that has probably slowed world economic activity and fears of inflation.
I agree, ihub cannot trust any of us, we are all sinners falling short of TOS.
Ihub admin: Should premium members be allowed to post pm's to non-premium members? Without the ability to return private pm's, nonpremium are restricted under privacy rules from replying by public reply. Is pasting and sending to ihub a premium pm to Ihub a violation of Ihub privacy policy? I am wondering to what degree Ihub enforces TOS thru private messaging? What safeguards to prevent obscene pm's, harrassing pm's etc.
I have no objections to any of my pm's so far, just wondering.
Oh, and then we could help admin with off topic.
Or they sold the two dredges.
Yeah sure, but why stop there? Why not let us be able to delete any post that refers to deletions?
Does the ignore button work on this board? If one is not a premium member? I keep seeing recent messages of ignored posters i just put on ignore.
Frankie and sentra just talked themselves into admin court. Good luck to them cos i looked at some of their postings.
Something tells me they will need a file & hacksaw.
So, i just got here, and went to the company website. The 3 amigos are the 3 in the personnel link?
I guess we all have a breaking point. I have been held to one post on a board per day. So i cannot judge you. We have all sinned and come short of the mighty TOS. Not one of us is spotless. Hallowed be Admin!
:)
I was much beloved on that site and my writings drew great numbers of posters.
You got out when you promised to stop spreading terrorism over Ihub? If i disappear after this; send a file & a hacksaw!
Been to see the jailhouse, what a fun place, LOL, Is that place serving bread and water? Some of those guys are weeping wrecks after just 2 days. Can you really do that, is it not against the geneva conventions? Amnesty International, where are you! You might consider letting those poor lost souls see some sunlight.
Only 40 million?
Does that include,,shall i say posts that go the way of the dodo bird?
What's the TFA stand for?
TFA Teach For America
TFA Trifluoroacetic Acid
TFA Time for Action
TFA Trans Fatty Acid
TFA Two Factor Authentication (computer security authentication)
TFA Things Fall Apart (Chinua Achebe book)
TFA Thyroid Foundation of America
TFA Thanks For Asking
TFA Total Fatty Acids
TFA Transformers: Animated (TV cartoon)
TFA Transitional Finance Authority (New York City)
TFA Texas Forensic Association
TFA The Fallen Angels (gaming clan)
TFA Transparent File Access
TFA Total Flow Area (petroleum industry)
TFA Tangible Fixed Assets
TFA The Future Antiques (St. Louis, MO)
TFA Task Force Alpha (Vietnam era military operation)
TFA Total Fixed Assets
TFA The Fashion Association (now part of American Apparel and Footwear Association)
TFA Tanks Focus Area
TFA Toxic Free Area
TFA Target Factor Analysis
TFA Trade Facilitation Alliance
TFA TIE Fighter Alliance (gaming organization)
TFA Telecommunications For All (email news)
TFA Temporary Field Authorization (Canada)
TFA Trust Fund Advisors, Inc.
TFA Transfer Function Analyzer
TFA Technical Focus Area
TFA The Friendly Alliance (gaming clan)
TFA Traditionalfolkart.com
TFA The Fighting Alliance (gamming clan)
TFA The Freaking Article (also see RTFA; polite form)
TFA Trend Filtering Algorithm
TFA Total Force Assessment
TFA Transfer Frame Assembly
TFA Transient Fault Analysis
TFA Take for Action
TFA Trajectory Feasibility Analysis
Very good representative happy tree owner of TATF writes:
"My wife and I approached the TATF investment with caution as I have devoted my entire 33-year legal career to investigating and litigating fraud cases, including all the classic business opportunity schemes like Ponzis, advance fees, planned bankruptcies, etc. So naturally we were slow to invest. We first traveled to Costa Rica to see the project for ourselves in 1994 and didn’t purchase our first trees until the following year. Since then we have purchased additional trees and regularly travel to Costa Rica and periodically check on them. In the process we have visited all but one of the tree farms and also the Raleo facility in San José.
Any suggestion that TATF and Raleo are anything but legitimate, well-run businesses is ludicrous. Everything we have seen and heard on our journeys, including many conversations with other satisfied tree owners, is exactly as depicted on the TATF website and in its newsletters.
As a former high school exchange student in Costa Rica and a Spanish major in college, I speak the language fluently, which has allowed me to ask questions and privately gauge the reactions of the field workers on the farms we visit. Among the many social benefits of this project, TATF has created jobs for approximately 200 workers who couldn’t otherwise find such gainful employment in the rural areas where they live. Without exception I have found TATF’s field workers to be grateful and enthusiastic supporters of the project. The same goes for the Costa Rican men and women employed by Raleo in San José. All of TATF’s and Raleo’s employees are treated with dignity, honesty and respect. You can see it on their faces even if you don’t speak Spanish. These people are the heart and soul of both projects and without them there would be no TATF or Raleo. Although some tree investors might prefer to apply metrics to the daily contributions of these humble workers, it is impossible to measure their true value. Few organizations can claim a stable workforce of 200 satisfied field workers, not to mention the other hundred or so others employed by Raleo. It has taken time and energy to build two such hardworking and efficient business organizations, especially in a foreign land where the language, laws and culture are so different than ours in the U.S.
For the past ten years my wife and I, in partnership with a small group of rural Costa Rican land owners, have been developing a private biological reserve as a sustainable ecotourism project on the southern Pacific coast of the country, not far from several of TATF’s tree farms. Through them and others, we can independently attest that TATF has earned a reputation as one of Central America’s premier rainforest conservation leaders. TATF, in combination with Raleo, is providing not only Costa Rica but the entire world with a working model that will last and be replicated for decades to come. Again, traditional investment metrics have no practical application to TATF’s incredibly important contribution to the environment and future preservation of our tropical rainforests.
TATF’s tree selections also are an important but little-discussed aspect of the project. Most of the species TATF grows are endangered and there is virtually no available growth or habitat data about them. TATF is gathering and using this invaluable data for the benefit of its tree owners and it will someday be available to others similarly interested in rainforest preservation and sustainable growth projects. The value of TATF’s contribution to our planet’s future—especially to the lives of impoverished inhabitants of the tropical rainforest—is inestimable.
These are but some of the many social and environmental benefits that TATF is creating and they deserve prominent mention on this blog.
TATF is not a sure-fire, short-term financial investment or a get-rich-quick scheme, and it’s never been advertised as such. In fact, quite the opposite is true. As its newsletters attest, TATF has operated in uncharted territory from day one. TATF has undertaken a project that has never before been attempted in quite this fashion, as far as I am aware. I do know that no tree investment project of this type I have come across in my research has been nearly as candid, forthcoming and transparent as TATF. Its tree owner newsletters provide an accurate and complete historical record of the many challenges the project has faced and overcome, and its vision and blueprint for the future. Nothing has been exaggerated, misstated or hidden from view.
So far I haven’t mentioned the founders of TATF and Raleo, Steve and Sherry Brunner. If anyone has assumed great financial risk in these projects, and stand to lose their shirts if they fail, it is they. They alone scoured the Costa Rican countryside to purchase the land on which our trees were planted and are now growing. They alone invested in and established Raleo to create a market for and add value to our trees. All this they did on their own, and from their own pockets. We tree owners share all the benefits of these significant financial investments, and none of the risks. This is one important metric that critics can take into consideration—and have largely ignored. Just try duplicating TATF, beginning with the purchase of vast tracts of real estate, and tying up all that money for 20-plus years while awaiting others to ask you to plant trees there for them.
There is one more important investment metric that cannot be applied to TATF and Raleo: the dedication, honesty and personal integrity of their founders. When 24-inch rains fell from hurricane Caesar in 1996, causing unprecedented flooding that wiped out thousands of planted trees, Steve and Sherry Brunner voluntarily replaced them with their own trees and immediately replanted thousands more for the affected tree owners, thereby sparing them from considerable financial loss. When an unforeseen road was unlawfully cut on property adjoining one of TATF’s farms and produced massive landslides that destroyed a hillside of planted trees, Steve and Sherry again replaced them, voluntarily and without hesitation, at their own expense. None of this was required by TATF’s tree owner contract. Rather, these selfless acts demonstrated Steve and Sherry’s sincere dedication to the project, their lifelong devotion to their tree owners, and their personal integrity. I know of no investment project where the principals have made such generous and unselfish sacrifices for their investors.
To suggest that the Brunners are anything less than absolutely honest is an insult to everyone who personally knows them and to the hundreds of satisfied tree owners who have entrusted their funds to them.
Whatever criticisms or suggestions of my own about TATF and Raleo that I might add to this blog, none would concern the transparency or integrity of either operation. Like other investors, I wish my trees would grow faster and higher, and get to market sooner and that I could receive more and bigger distribution checks, and get them sooner. But what really counts is the long term success of our investment in TATF and whether in the short term the project, in tandem with Raleo, continues to overcome whatever challenges may be encountered.
Only time will tell, but so far TATF’s track record is excellent and most encouraging, and my wife and I remain confident in the value of our tree investments.
--A Satisfied Tree Owner and Ohio Lawyer"<<<
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I agree. And i want to thank you in advance for becoming an assistant mod here.
Where else are you Guaranteed this! TATF states in their website these guarantees!
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Our TATF Guarantee:
We are so certain of the quality and professionalism of every step of our selection, planting, care and harvest of your trees, that we guarantee your satisfaction in writing:
1) Our first guarantee is that during the first year after your trees are field-planted in our plantations, we will replant or replace, at no cost or charge to you, any tree that for any reason is not growing properly and of good form.
2) Our second guarantee is that if you visit our plantations any time within two years after your trees are planted and for any reason you are not satisfied with the condition of any of your trees, we will, at our option, replant or replace the trees you are unhappy with or promptly refund a proportionate part of your money.
3) Our third guarantee is that we will delay deducting our care and management fee from the proceeds of the harvest of your trees until you first receive all of your money back. We don't get paid until you do.
An excerpt from the Website of Tropical American Tree Farms
growing precious tropical hardwoods for you!
"At Tropical American Tree Farms, we are planting and sustainably growing many of the finest species of exotic tropical hardwoods in the world - millions of tropical hardwood trees, for harvest, for profit, both for our own account and by contract for thousands of individuals, IRA's, companies, and trusts.
Whether as an investment, for your retirement or for future college costs, transferring wealth to your children or grandchildren, or producing your own tropical hardwoods for your personal use or for your business, we would love to grow these precious tropical trees for you!
The tropical hardwoods we are growing on our tree farms are being crafted into some of the finest furnishings and architectural applications in the world.
At the same time, by producing tropical hardwoods that are not being taken from the natural forest, we are helping to reduce the pressure on the world's declining natural rainforests and providing much needed employment in rural Costa Rica. We are also carefully protecting nearly 7,000 acres of tropical rainforest on our farms.
We would love to have you join us in this unique and rewarding opportunity!
Overview
Since 1991, we have planted more than 2 million trees of more than fifty different tropical hardwood species for more than 4,000 discerning individuals and corporate clients around the world. Our focus is principally on increasingly scarce high value, fast growing tropical hardwood species. Young teak trees for example can reach 70 feet tall in just 10 years.
The tropical hardwoods we are growing are highly prized for their beauty and sought after for the very finest furniture, cabinetry, exquisite inlay work, architectural accents, musical instruments, and other uniquely beautiful furnishings.
We will plant and grow for you, your IRA, trust or foundation, your children or grandchildren, your church or school, or anyone you wish, the same precious species of tropical hardwoods that we are growing for our own account.
You can choose which of our species of precious hardwoods that you would like to own, and we do all the rest. We will select, plant, and care for your trees on our tropical tree farms in Costa Rica for up to 25 years, exactly as we do our own trees, in the same professional manner and with the same experienced personnel.
Our tropical hardwoods are truly beautiful
At each thinning and harvest, you may choose to keep the precious hardwood lumber from your trees for your own use, or sell it yourself. Or if you prefer, we will sell your hardwoods for you and send you the proceeds.
Your trees, and the tropical hardwoods they produce are yours to enjoy!"
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I just want to say i am so happy my trees are growing on TATF Farms!
From an article:
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Timber is one of the safest and steadiest growth investments available, protecting an investor in times of inflation and providing returns that have beaten almost every other investment sector over the past 40 years. Teak is one of the best values with the highest yields in the timber sector. It is a small niche segment of the timber industry and is managed by smaller, privately owned companies rather than by big institutional operators.
There are a number of ways to invest in teak with small very reputable timber companies. How you invest and with which company can have a significant effect on your returns. The key question you must ask is: "What assets am I buying with the funds that I invest?"
As you research the returns and opportunities in teak investments, you will find that companies use many different ways to calculate return on investment. As you compare investments and predicted returns, be sure that you apply the same standards to each investment opportunity. There are different ideas concerning what teak will be worth in 25 years, as well as many different predictions of how much teak will be available and what condition it will be in over time. Therefore, the most useful investment comparisons consider what assets you´re getting for your investment dollar rather than what your dollar will be worth at some point in the future. To put it another way, determine how much of your investment is actually going into the company´s products and assets.
(When evaluating a return on a timber investment, it is important to understand what data the company is using and how it is using the data. Such data may include price per unit and growth rate.
Teak is a commercial wood, which means the price per unit is pretty well fixed at different sizes and ages of the stand and at different points of being processed, i.e. price of trees on the stump, price of logs FOB (freight on board), and price of cants, (square sawed logs) or the price of rough cut lumber. The average sale price of mature teak in 2009 is about $500 US dollars per cubic meter for raw logs; rough cut lumber will wholesale at around $1,200 to $1,800 per cubic meter. As the timber is further processed by a company, the fewer middle men are involved and the greater the overall return on investment will be.
Most well managed and well located teak plantations have comparable growth rates. Teak has been cultivated in plantations for over 1,000 years; therefore, proper management techniques and typical growth rates are well documented. Companies that claim to be able to grow trees faster than anyone has ever grown a teak tree over the past 1,000 years are likely to disappoint investors over time. Minimum rotation for teak is 20 to 25 years. Growth rates on average over a plantation run from 10 cubic meters to 20 cubic meters per year with an overall average of 12 to 14 cubic meters per year. After thinning, yields after 25 years of growth in a properly managed plantation will be about 200 to 220 cubic meters per hectare (one hectare is approximately two and one-half acres).
With prices and growth rates roughly comparable for well managed and well located plantations, return on investment (ROI) is based largely on the cost of purchasing and managing the teak plantation. Cost for land, planting, and management for a full 25 year rotation in Panama, for example, runs about $8,000 per hectare ($3,300 per acre). The land costs about $3,000 per hectare, while the cost of planting and management runs about $5,000 to $6,000 per hectare, as teak is very management intensive, especially to produce the highest quality wood. In Ecuador, costs run about $6,000 per hectare because of lower land prices. Coast Rica’s costs are about the same as or a little higher than Panama’s. If the investment costs more than $8,000 to $10,000 per hectare for newly planted trees, the amount over this base cost may be going in other directions and the return on investment will be proportionally less for the investor.
How much does an investment in teak cost? This may sound simple, but there are a number of different ways to invest in teak and a number of different ways to present the numbers.
There are opportunities that allow investors to buy managed parcels of teak by the hectare within a larger plantation. It is then relatively easy to determine how much the investment costs per hectare. These investment opportunities typically sell from $20,000 to $50,000 per hectare, which means the “promoter†is charging $12,000 to $38,000 per hectare over and above the realistic cost of the teak. This is a hefty premium to pay for getting into an investment and will significantly reduce the investors ROI. At $20,000 per hectare, the investor has to wait for an increase in value of more than 100% to be at the breakeven point; at $40,000 per hectare a 400% increase in value is required to break even. On top of this, some companies add management fees after 5 to 10 years, further reducing any potential return on one’s investment. Another disadvantage of investing in small parcels of teak relates to the economies of scale. Selling a few hundred cubic meters of wood individually will net far less than if a company can provide a continuous supply of teak to buyers. In addition, overhead and management costs can erode returns and the investors will never gain the returns possible from setting up a mill and processing the wood; therefore, this method of investment is not ideal.
Some investment proposals will add significant appreciation and inflation factors into their ROI calculations. When comparing investment opportunities, start the comparison without these factors included in the calculations. Base the calculations on todays prices. Appreciation and inflation can then be added back in. If the calculated ROI (without appreciation and inflation) is 12% and if it is projected that teak prices increase at 7% per year over the next 25 years on average, then the inflation adjusted return will be 19%. (Over the last five years, teak prices have been increasing at about 7% per year.) Use $500 per cubic meter for the price of mature raw teak logs today. If you get more than that it's great, and you will get a nice upward surprise.
But this is the reality of teak raw log prices today. Processing the logs into lumber will significantly increase the return.
In summary, timber is one of the safest and highest yield long-term investment classes available, and teak is one of the best timber investments available. An investor’s ROI is greatly affected by the initial cost of the investment and by the investment structure. Evaluating each timber investment opportunity with the same projections will give you a true indication of which is the best investment for you. Extensive research has indicated that using a growth rate of 10 to 12 cubic meters per year is a safe, conservative projection. A Final harvest yield of 200 to 220 cubic meters per hectare after 25 years on average is a good conservative estimate. The price of mature raw logs today is about $500 per cubic meter.
Look for a company with a full disclosure policy, so that you can determine where your funds are going. Make sure your investment is going into timber and not simply investment promotion activities. If more than 10% of the investor's funds are going into marketing, you may want to move on. Ask for the bylaws of the company and become educated about what is actually being offered. If the company cannot provide the information and data you need to evaluate the investment, keep looking. Find a company that is truly committed to providing an investment opportunity structured to provide the most for you, the investor.
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Your sources Fawtsc??