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TOSCA, I just re-read the disclosure statement and found what you were referring to. Yes, that is interesting. I guess it means we have a new office, additional office in S.L.
(I didn't know Sierra Leone had a place called "Waterloo". Threw me off thinking about some kind of history I missed out on)
Cheers
Charlie
TOSCA, I really do appreciate your DD and all, but sometimes you lose me. Where did this quote come from?
"the issuer mantains offices in WATERLOO, Bo, Zimmi"
Sub, that is some EXCELLENT due diligence and sharing!
I'm a little confused about something though....
Johns old company, SGCP, has always been current in their filings, yet they have always (for as long as I remember, about 2 1/2 years) been showing the yield sign on OTCmarkets.com. Why?
Is it because they have NEVER submitted a letter like this from a lawyer to confirm their filings? Is that ALL they would have to do? Why did John do it now? Is it because people like you told him about it?
Anyway, I'm glad it's happening for STHG and look forward to Monday Morning!!
Charlie
it's been nice to see some activity the last couple of days with this stock! We've had a PR and filings on pinksheets.
TOSCA, what a great quesiton.... will John be replaced? Is Doug looking for someone? Is he convienced he can go it alone? I really hope we get a replacement! if someone new came onboard and started putting out PR's and updating the web page, well, it would be a welcome sight!
Maybe Doug is putting together a PR announcing the gold totals so far and maybe a JV announcement??
Charlie
Austin1 quote:
"This came out yesterday and looks like they still have 5 dredges running...thats a long season!"
Yes it is!!
If I add up all the production numbers for Gold so far I believe that up to Mid-May we have 240 ozs. (please correct me if you come up with a different number) So we have 6 more weeks of production, hopefully with all 5 dredges, and maybe a couple of weeks of the new leaching process as well. For ALL of last year our total was 404 ounces. It's very possible that we have already passed that number!
And I just now checked formds.com again and.... no further dilution either.
Charlie
Yes, it's good! But it's only about the grain sales. Nothing about Gold or the new leaching process.
Maybe a second PR to follow? or a FR?
I'm not too sure about this statement though....
"Sierra Gold Corporation through its subsidiary has secured 33 exploration mining and 7 dredging permits in Sierra Leone."
is the subsidiary ARDC? no, that doesn't make sense, but then what is he referring to? Is the subsidiary the local cheifs? Wouldn't whatever the answer is be the reason why others haven't been able to trace the relationship with the S.L. Gov.?
Charlie
Sagan is right! never thought I'd say it, but thanks Sagan for the update.
Didn't see anything really new here....
http://www.otcmarkets.com/stock/SGCP/filings
**********************
Sierra Gold Corporation is engaged in the business of mining and exploration of gold properties in Sierra
Leone, West Africa. Sierra Gold Corporation through its subsidiary has secured 33 exploration mining
and 7 dredging permits in Sierra Leone. In addition the company is developing a farming and a
green/carbon project to enhance local employment opportunities in its local areas of interest.
**************************
A. Plan of Operation
The corporation conducted dredging operations in the Tonkalill,i Bomballili, 60 and Zimmi Districts in
2012 and currently has 5 of its dredges operating in those districts. As well, the company continues to
support local artisanal miners and buy their production in order to extract native gold thereby partially
offsetting operational costs while at the same time locating potential sites for development. Gold and
precious gems recovered from operations are being sold through intermediaries or exported for sale as
market conditions dictate. Proceeds of sales are used for further developmental and expansion
programs. Further financing, specifically for the ongoing equipment acquisition and company expansion
may be required and funds will be acquired through sales of company equity and/or loans and gold
loans.
As of March 31, 2012 the company had completed its harvesting of all crops and was commencing the
land preparation for the current seasons planting of rice, sorghum, peanuts and corn. The cropping plan
for 2013 is to use seeds from the current harvest as required for planting and sell the balance to offset
expansion costs. 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.
The program will continue in 2013 with test marketing to local restaurants and other business
opportunities.
**********************************
Charlie
June Field Report.
Aren't we gonna get one????
Come on Doug, we want to know. How's it goin' over there?
Charlie
This morning we are seeing more and more buyers stacking up on the BID! We haven't seen that in a while.
BB, in a way I'm glad you didn't pull the trigger on that. If your goal was to move the PPS up, then it would have been a wasted effort. But if we get some news, or a FR, then you chomp on a 15 mil buy, then it'll do more good!
it just feels like sometime this week something good is gonna happen, doesn't it?
Maybe a June FR??
Charlie
Great Find!! Thanks for sharing.
I didn't see any surprises in there, did you?
It's another big step forward from John. Maybe now we'll see some buyers....
Happiness is a Gold Gun....
Bang bang, Shoot Shoot.
John Lennon was a smart man!
(ok, so his gun wasn't gold but close enough to still sign it loud)
Ha!! Does that mean that you now have something to sell (your new kidney) so you can buy some more SGCP??
I hope so! We have half the shares on the ASK that we had last week. A little news could get us movin' on up again! 15 million shares could get eaten up pretty fast.
Charlie
yes, I think that in a few years IT COULD! Most 300 million dollar companies started small, didn't they? Hell, HP started in some guys parents garage.
They are just now starting a process to get more gold out of the black sands and tailings.
They are starting THIS YEAR to sell crops and make some income from them.
In a few years they WILL BE selling lumber from Kiri trees.
They MAY eventually forward sell the Carbon Credits if the market improves for CC's
They have several JV agreements being finalized RIGHT NOW that just might generate some revenue.
I think that everyone is just sitting around waiting for Doug to announce something. After that.... well, I've said BOOM enough, haven't I?
Charlie
I think that there is MORE land available to Doug if he wants it. I don't know (of course) what exactly Doug had to do to get the land leases we now have, but I do know that we have to pay fees for them. Maybe he could double or tripple the acreage if he wanted to? Maybe he has a 'handsake' deal to do just that should he have the desire, and of course, the fees.
And BTW, STILL no further dulition since April 4th. Are we cash positive? Have we started this new process??
"new technology employing an environmentally friendly and inexpensive process to leach gold from tailings and black sand materials."
I believe this was supposed to have started already.... We should have enough tailings and black sands stockpiled to supply our leaching process for YEARS!
Charlie
This was in OTCMARKETS.COM under Filings March 27, 2012. Inital Company information and Disclosure statement
******************************
As of December 31, 2011 the company had completed its peanut harvesting and was commencing the
harvesting of the balance of approximately 2800 acres of combined rice, sorghum and corn ..
***************************
2,800 acres is a hell of alot to farm! When the Cherokee Strip was opened in Oklahoma the size of each farm was only 160 acres. using that as a gauge, we are the size of 17.5 farms. And growing!
And yes, this looks like it's new stuff that wasn't here the last time I looked around for new filings for SGCP, although it states it was published on March 27.
My application for Rich Guy Island was accepted two years ago. I'm holding long 7 million shares of SGCP. I'll make my first of many millions when this stock passes 14 cents a share.
Hmmmm, is that possible? Why yes dear friends, it is. After they become profitable extracting gold and re-invest their profits into more equipment; And the farming continues to grow and expand to include exporting food to neighboring Countries; and the Kiri trees begin to be harvested and exported to Asia and other parts of the world.... and Carbon Credits could indeed happen as the world wakes up to Climate Change and our need to do SOMETHING about it.
Why yes, we could see much more than just 14 cents a share. All IMO, of course.
I KNOW the Longs still read this baord. It would be nice to hear a "Right On" from some of you!
Charlie
Has anyone talked with John recently? Any info you can share? Was he upbeat and positive?
DAMN! I've been sitting here scratchin' my a$$ thinkin' about adding another million shares at 1 while they are still available.... and look at it now! 2's are up!
maybe I'll have to buy half as much at 2..... still thinkin' and scratchin.
Charlie
I think the last quarter should be comparatively easy to complete and wouldn't be surprised to see it published soon. There shouldn't be much financial activity to summarize.
John is moving forward. Good to see!
Charlie
That is GREAT news getting the STOP sign removed!
I see we had a quarterly AND the Annual reports published on the 16th and the 18th.
I wonder if John would have the time to put out a PR, or to update the web page for investor relations and let us know how it's going for the financing.
Even if he doesn't publish anything tomorrow, people should snap up the rest of the 1's and start eating up the 2's!
Charlie
Just 8 hundred dollars in BUYS away from the 2's....
We knew the fins weren't gonna have any good news in them. the GOOD NEWS is that they have now been filed!
Charlie
That was a nice PR! Sounded good to me and that they are on the right track. Good Luck to all
Charlie
999 Don't you just love it when MM's give each other signals as if none of us can see it?
Thanks again TOSCA. And isn't this about the time that Doug should be starting our new black sands processing? I'm assuming he is in SL right now. What a great PR that would make to have him explain what that is and what his testing results have been so far.
I can't speak for the rest of you LONGS, but I, for one, am GLAD that I'm holding onto as many shares as I am. I'm tapped out as far as I can go with my investments, so this is it for now.
Of course I may still have a little paint left in my can for once in a while push ups.
Charlie
Atilla, Thank you for the lively debate and info! I really appreciate the free eduaction I get from reading things like this. It helps me feel more 'worthy'.
And I wish you the best of luck with John in your new company. I'm invested there as well.
just waitin' on news now... from anywhere!
Charlie
That thar morning trumpet call of 300k @ 2 was me.... up and at 'em boys! Let's go! news is coming! IMO
Charlie
Hey! We're up off the bottom again with a ASK of 2! That's encouraging.
Anyone talk with John lately? Is he getting close to finishing the fins and maybe close to getting another PR out there?
Charlie
TOSCA, Boy, wouldn't THAT be a BOOM for us if Doug announced ANY of the things you just talked about!
Using the CC land for ag and a joint V to fund it... wow! Any kind of projection numbers for the timber we already have planted and another WOW!
And right now he can announce the start of a new process for leaching the gold from the black sands. Give us some numbers from that 0r just give us an idea of how that works and Boomers!
Charlie
Good Job! And I agree, this is gonna wake up soon and you'll always be green!
Charlie
Buffalo, Thanks for sharing this with us.
It's nice to hear that things are moving forward. of course, no basher will believe it until it's accomplished, but I KNOW it will be.
1 million shares for 100 bucks is hard to pass up. I'd be getting more if my money weren't tied up in graduation presents and vacations that are coming up. I'll be looking to squeeze some more money and see what comes up.
Charlie
It's a bit scary bouncing here on the bottom.... very few people will buy a no bid stock. There's a few out there that will, but not many.
I'm hoping the soon John will be able to publish something and almost anything he puts out there is bound to help out the PPS - it can't get any lower than this. i believe he will, and the we'll be higher and we'll all feel a little better....
This is the first morning where 50 million shares HAVEN"T been at the ASK for 1!!.. has our seller decided to hold for a higher price?
Less than $500 takes us off the bottom, unless the MM's keep posting more at the ASK as these get eaten up. Maybe THAT is their game today, but I hope not.
Charlie
Thanks TOSCA. So that's about half a tank of fuel in the bowser. Good to know, and better than the zip we had before Heineken.
Now that we have a contact and a history of business, then next year maybe we'll be doing a lot more business with them.
Charlie
TOSCA, so how much money do you figure we got from our sale of sorghum to Heineken? My very rough figures were at about $5,000, but I'm not sure about my math or conversions of kg to ton.
There have been some pretty basic comments and quesitons lately.
Why do I think it's at zero bid? Because there are SO many shares trying to be sold right now. That's either coming from someone in the company, or diultion of some kind. I don't think those are retail shares trying to be sold at .0001.
How long will it stay here at zero? IMO, not very long. I think that John will have something to PR pretty soon and then it will come back up. I think that once financing is secure then he'll tell us about it. Then once equipment gets purchased and shipped. We may have to wait a while, but it will happen.
Until then we'll hear cheap shots and scam conspiracies. it's actually pretty boring stuff to read all the time.
Charlie
So is this going to stay at zero BID until we get some news? or until some of us get another payday under our belts?
I wish I had more cash that I could invest long term here, but I'm dry.
Charlie
Now THAT'S the kind of agttitude we need! Come on John, give us something to chew on!
It's gonna take a LOT of buying to eat up 54 million shares on the ASK @ 1. I don't think it's going to happen unless there is something new to get excited about. Like maybe a web page update with our first Field Report or whatever John planned to have under the "Investors" tab.
There has been a lot of talk about Financing and I'm sure that John has at least 2 or 3 options available to him. The perferred one may be having difficulties going through, and the others may cost more then he'd like... but I'm positive that we WILL be able to buy the equipment and get it over there. maybe NEWS about that will geet us off the ground. and i DO mean off the ground cuz we can't go any lower than this!
Charlie