buys stock in bulk! Stock up and save!
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IMO, some CEOs like being the CEO of a public company...they get a kick out of it... I don't think Gary is one of these guys. He's not a self-promoter. And, as long as he is getting a paycheck and being fiscally responsible (clearly LNDC is doing this) then he feels he is doing his job. However, if I am going to invest in something I need someone who can swing for the fences (and not be afraid to strike out once in a while)...IMO, I don't feel Gary is this guy.
Want to buy another 250,000-500,000 shares of SUGO. But, want it to get knocked back down a little. Trying to maximize a $5,000-10,000 buy. Last week when I started to buy everyone scattered :)
I think we're close here to something huge.
The number of posts on SUGO has been consistently rising over the last few months. Definitely a stock that is getting more and more attention. Could be perfect timing with more news coming.
http://boardreader.com/trendy/sugo.html?tns=1&dss=lm&dpts=day&dm=rel&ds=medium&dt=line&tm=basic&m=form
We might get news yet this week. Sounds like an update is in the works.
Surprised we didn't get news today on an update on the financing. Would expect one this week or early next week. Using the time in between to accumulate a few more here and there.
Didn't take me too long to figure out I'm done with this company. He just doesn't have the character to be a CEO IMO.
Looking for SUGO to have a HUGE summer. HUGE!
http://investorshub.advfn.com/boards/board.aspx?board_id=15611
Just waiting to see if they want to knock it down. I'm all over the low $.02s if they give me the chance. Just waiting to pounce if given the opportunity. ;)
Yes...Picked up a little last week. This was one of my favorites you mentioned.
Dilution will probably never happen here. WNRC will be sold off IMO rather than dilution. WNRC doesn't need any money. Period.
Love the fact that the permits for initial drilling only have to be renewed :D
...SUGO should have a fairly easy time moving forward from here (with money).
I think it has legs to get to 32.50 in the next 30-45 days. Just in time for BBQ season. :)
SUGO has a lot of potential news in the next few weeks to make it rip well beyond just a few bags.
Price moving up. Up more than 35%!
Looks more like $.20 is coming.
CM is by death valley. Google Maps / Conglomerate Mesa, CA shows up. Or, you can also look at KEELER, CA (and it's 5-10 miles east of it).
Level 2 looks thin! :)
It's either they mine in California which has tough regulations or they mine in a 3rd World Country and contaminate the world. Obviously, the world is demanding gold and if gold is really going to $5000/ounce SUGO is GOLDEN!
Sungro does not anticipate permitting issues. Permits for this property were issued to BHP Billiton and Sungro intends to renew those permits once funding is obtained. Like any mining company we expect to pass both production and environmental reviews. The Company anticipates being able to move the process of permitting along in a reasonably efficient manner with nominal difficulties.
Forum: Sungro Minerals Inc. (Ticker: SUGO)
http://www.CharlesD.net
Sungro Minerals Inc. was incorporated under the laws of the State of Nevada on August 10, 2007.
Sungro Minerals - SUGO is an early exploration stage company engaged in the acquisition, exploration, and development of mineral properties. Presently, its business plan is to explore for minerals on its mineral property in Conglomerate Mesa...
The Conglomerate Mesa Project hosts structurally and stratigraphically controlled, sediment-hosted gold mineralization similar to the "Carlin-type" deposits of north-central Nevada. The property was originally explored by a Fortune 500 corporation while it was within the Cerro Gordo Wilderness Study Area (WSA). Newmont withdrew from Conglomerate Mesa in 1993. Federal agencies dropped the property's WSA status the following year. The core area of the Conglomerate Mesa property was explored by a second Fortune 500 exploration company in 1995, with eight target zones identified, based partly on surface road cut channel samples....
The core area of the Conglomerate Mesa property was explored by a second Fortune 500 exploration company in 1995, with eight target zones identified, based partly on surface road cut channel samples. In 1997, they conducted a widely-spaced, 10-hole reverse-circulation drill program at Conglomerate Mesa...
Sungro Minerals Inc. was incorporated under the laws of the State of Nevada on August 10, 2007.
Sungro Minerals - SUGO is an early exploration stage company engaged in the acquisition, exploration, and development of mineral properties.Presently, its business plan is to explore for minerals on its mineral property in Conglomerate Mesa...
The Conglomerate Mesa Project hosts structurally and stratigraphically controlled, sediment-hosted gold mineralization similar to the "Carlin-type" deposits of north-central Nevada. The property was originally explored by a Fortune 500 corporation while it was within the Cerro Gordo Wilderness Study Area (WSA). Newmont withdrew from Conglomerate Mesa in 1993. Federal agencies dropped the property's WSA status the following year. The core area of the Conglomerate Mesa property was explored by a second Fortune 500 exploration company in 1995, with eight target zones identified, based partly on surface road cut channel samples....
The core area of the Conglomerate Mesa property was explored by a second Fortune 500 exploration company in 1995, with eight target zones identified, based partly on surface road cut channel samples. In 1997, they conducted a widely-spaced, 10-hole reverse-circulation drill program at Conglomerate Mesa...
Newmont withdrew from Conglomerate Mesa in 1993. Federal agencies dropped the property's WSA status the following year. The core area of the Conglomerate Mesa property was explored by a second Fortune 500 exploration company in 1995, with eight target zones identified, based partly on surface road cut channel samples. In 1997, they conducted a widely-spaced, 10-hole reverse-circulation drill program at Conglomerate Mesa.
Highlights of some of the comments contained in the report:
"The Conglomerate Mesa hosts multiple large-scale hydrothermal gold-silver systems that are similar in style, geology, and geochemistry to the highly productive Carlin-type systems of northern Nevada," and "Gold-silver mineralization is known to occur within a zone that is over 8 kilometers long and 4 kilometers wide."
"Based on previous historical data compiled by several mining companies (including: BHP Billiton, Newmont Exploration, Asamera, Anaconda Minerals, and Mobil Exploration) dating back to 1984, the Conglomerate Mesa could host bulk mineable gold deposits in excess of 2,000,000 ounces (as stated in an inter-company report)... Sungro also controls unpatented lode claims that cover a portion of the historic Santa Rosa Zinc-Lead-Copper-Sliver-Gold skarn that was explored by Anaconda and considered to have the potential to host a world-class deposit" as stated in a 1991 report by James Dixon (PG). This target has some restrictions due to the Malpais Mesa Wilderness area.
"Conglomerate Mesa is a quality prospect that should be drilled on a grid system and several +2,000 foot drill holes should be placed in strategic locations based on geology, geochemistry and geophysics" to test for both shallow and deeper high-grade mineralization. If this prospect was in Nevada, it would have hundreds of drill holes, as properties of this quality are difficult to find. Significant, shallow oxide gold mineralization has been defined at Conglomerate Mesa. These areas remain open with substantial additions conceivable. Beyond the expansion of known zones of mineralization, there is excellent potential for the discovery of new mineralized zones. It is clear that Conglomerate Mesa warrants significant additional expenditures to move targets forward and develop NI 43-101 resources."
I can't believe Klamka is taking credit for Girasolar's $60 Million in revenue.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=64316547
Absolutely...now is the time California is willing to bend over backwards to get millions in tax revenue. And, help out the county with the highest unemployment.
Whup! Whup! Sungro is going hit it out of the park.
Anyone questioning permitting and heap leaching should realize Sugo's neighbor Atna is already in production with this method and in fact is expanding their heap leach production. Additionally, we can truck the ore to the rail siding and send it out of state for processing to existing facilities. While this may cost a bit more, it is an alternative to building our own facility and can short stop some of the objections we would receive. We are confident we will engage to handle the permitting process that we will, within reason be able to stay close to the timeline. We also have some excellent contacts in both federal and state government who are willing to assist as needed in our efforts.
Going out on a limb, but I'm willing to bet SUGO has better contacts than posters on Ihub.
WARWICK, RI--(Marketwire - 06/14/11) - Sungro Minerals, Inc. (OTCQB: SUGO) (Pinksheets:SUGO - News) an Exploration Stage Mining Company, announced today the receipt of a Letter of Interest ("LOI") from Quest Capital Finance
Sungro Minerals Receives Letter of Interest to Fund $15 Million From Quest Capital Finance ("Quest") to provide a Commercial Loan ("Loan") with a face amount of $15,000,000 for the further development of the Conglomerate Mesa Project in Inyo County, CA.
WARWICK, RI, March 30, 2011 (Marketwire) -- Sungro Minerals, Inc. (OTCBB: SUGO)Sungro Minerals Announces Addition of 217 New Unpatented Claims At Its Conglomerate Mesa Project Today announced the addition of 217 new unpatented claims to be associated with the current 331 claims at its Conglomerate Mesa Project. This brings the total unpatented claims on the project to 548. "Sungro retained North American Exploration, Inc to complete the site work and claim staking effort to expand the area covered by our Conglomerate Mesa Project.
WARWICK, RI--(Marketwire - 02/17/11) - Sungro Minerals, Inc. (OTC.BB:SUGO - News) announced today the highlights of its first National Instrument 43-101 (NI 43-101)Today announced authored by Randall L. Moore, RPG, of Eugene, Oregon a Registered Professional Geologist (RPG) and Qualified Person in accordance with the Canadian standards.
Ended up 10%+ Do we get to celebrate now?
Nice volume the last 10 minutes. A few large offers got taken out.
I think this run in COW was pretty obvious...at least I think so...should see another 10%.
IMO...WNRC is ready for another leg up.
Consistent chart...just a little inconsistent volume.
http://investorshub.advfn.com/boards/board.aspx?board_id=4629
Good...nice and quiet...getting more shares...and I got a bid in just in case. Hope next week is a huge one for SUGO.
BINGO!
Good old Klamka is up to it again...
http://larevee.tumblr.com/
http://larevee.tumblr.com/page/2
http://peterklamka.com
http://www.peterklamka.biz
http://twitter.com/#!/peterklamka
I can't believe he takes ANY credit for this...
Peter Klamka was the President and CEO of this European based solar company. Under his leadership, the company generated almost $60,000,000 in revenue and entered the public markets in both the United States and Europe in 2006.
Adding more SUGO this week.
$15 Million is just too much to pass up.
I can't believe this company associates itself with www.StocksThatMove.com
...The Iceman is the biggest scam in the market.
Like I said...you put $15 Million Cash into a company at minimum you add $15 Million to the market cap. Market Cap should go up substantially since they can use that money to get this ready for sale/partnership through a feasibility study.
Sure...they are ready, willing, and able...all you have to do is finalize terms, sign the dotted line, and wire some money. They have already performed their Due Diligence.
- - June 14, 2011 - - Sungro Minerals, Inc. (OTCQB: SUGO) (Pinksheets:SUGO - News) an Exploration Stage Mining Company, announced today the receipt of a Letter of Interest ("LOI") from Quest Capital Finance ("Quest") to provide a Commercial Loan ("Loan") with a face amount of $15,000,000 for the further development of the Conglomerate Mesa Project in Inyo County, CA.
"After an initial review of the documents we provided, Quest Capital has confirmed that they are Ready, Willing and Able to provide this Loan which will be Senior Debt and secured by our Project Claims," said Fred Pucillo, CEO. "After reviewing several alternatives that included the sale of equity and convertible debentures, the Board decided this Loan would be in the best interest of our shareholders and provide the funds needed to complete the work outlined in our previously announced NI 43-101 report over the next twelve to 18 months," he concluded.
"The terms of the LOI include: a principle amount of $15 million; a two (2) year loan term with interest and origination fees prepaid at closing for the two (2) years; and an optional one (1) year renewal. The net proceeds to the Company should be more than adequate to fund the needed exploration and drilling as outlined in the report and hopefully bring us to the point of production," stated Erwin Vahlsing, CFO. "Although the LOI is conditional in nature, we supplied Quest with all of the required information so that they can provide us with a final Letter of Intent on terms consistent with those outlined in the Letter of Interest, and quickly move to Definitive Agreements and closing," he concluded.
"Sungro will certainly continue to entertain other financing and growth options, which may include Joint Ventures, alternative financing arrangements, sale of equity, or even sale of the Company if the pricing is in the best interest of our shareholders. Our goal is to maximize value as best we can for the benefit of all shareholders irrespective of the type of transaction chosen," stated Mr. Pucillo. "The Loan proceeds will allow us to re-open the access roads previously back filled by prior operators, file permits to fulfill the drilling program outlined in the NI 43-101 report, submit a proposed Plan of Operation to the BLM, and complete all other necessary filings and procedures to move toward production as quickly as possible," he continued.
About SUGO: Sungro Minerals, Inc. is an early stage Mining and Exploration Company seeking to acquire, develop, and manage various mineral properties and resources. The company now controls 548 un-patented claims covering an area of over 11,000 acres.
IMO I don't think it will take that long. SUGO isn't the kind of company that puts something out for it to sit. I imagine its closer than that.
Might tip toe at the $.20-.21 level today. Level 2 does look thin to $.30.
Going to bounce so hard when this money comes in. We're going to see a barrage of PRs when they start drilling. Sent the Moore report to a friend who is a geologist at Chevron, but spent some time working for BHP Billiton 10 years ago...finally got an email back. He said, "wow"...and is going to buy stock tomorrow.
I think that gives me more than enough confidence in SUGO.
See the rest of you at the finish line (I think it's in dollar land).