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Cute.... I've seen it and lived it too.
i just picked up another million sh for padding.... what does that make me? Delusional or a future happy guy?
I KNOW this has a happy ending in there somewhere!
Charlie
BakerBoy: What an excellent question!
Quote: Charlie, Do you think the company could be worth more than SG*P in the near future? I'm wondering what John sees that he made the move. *******************
(I'm in the same situation as you, but on a smaller scale I'm sure)
In the near future.. I'd say absolutely! Things didn't move today because all John did was introduce himself. People are hungry for facts and plans and as of yet, they haven't got much to go on. Once John gives them a Field Report, or a PR with statements about financing and production status.. then watch this thing move! Top it all off with PICTURES that will make it difficult to doubt, and BOOM! John can't get it all done in a day or week, but I'd expect to see some of that this week.
That other company we came from... SG*P would have hit a buck if the Carbon Credits had gone through. but the market went soft on us. Had they been able to get the gold out of the black sands, then we'd see better times. Now John is gone and we all know that Doug doesn't like to put out a lot of updates or PRs. So it's a wait and see what happens.
I think John left because of the stink over the JV. Now it looks like the JV is what is going to help BOTH companies. I'm guessing that there is some new equipment being used that can get the flour gold out of the sands. I don't know anything other than what my big gut tells me....
I still think that long term the other company has a great chance of accomplishing fantastic returns. So I'll stay there and add here when I can. I'm still a middle class average guy with just a little money to play with.
Charlie
Interesting that he would reference the company website in the PR, but the website has all old info on it.
I'll bet (and I'm a bettin' man!) that John gives us an entirely NEW website with our FIRST FIELD REPORT, and that it happens either today or soon afterwards.
That would make sence, wouldn't it? We should keep checking www.sthggold.com and let everyone know when it changes.
Charlie
Wow! Good Job John!! This company went from zero communication to a new CEO that is holding office hours where you can call him and a commitment to reply to e-mails! Isn't this the change you guys were looking for?
There is a lot of work for him to do here and I don't expect EVERYTHING to happen all at once. The old web page will most likely have an overhaul soon and I'm sure we will get ANOTHER PR with more company info.... anytime.
BTW, his first day of Office Hours started around 25 minutes ago! I'll bet he is on the phone right now. I hope that those who call will take some notes and share with us. Even if it's just to let us know your impressions.
Good Stuff!
Charlie
A lot of people are concerned about the financing of operations and new equipment.
Aren't there other ways to finance besides deluting stock? Sure there are.
Just MY opinion and for what it's worth.... What if John knows some investors with deep pockets ready to invest with a loan that would be paid back plus interest within a year or two or three? These investors could also buy stock because they know this is going to be sucessful. It's a win win for them, and for us. it's just a thought in my head.
And for those who've had short 5 minute conversations with John... well, he must have been REALLY busy! I've talked with him 3 or 4 times over the past couple of years and it's NEVER been less than a 45 minute call. Once HE called me after I sent him a e-mail with a suggestion. Totally unexpected. And I'm nothin' special - just an average Joe with a small investment. I've got 3 million here and 7 million there, so that's nothin - right?
Charlie
I'm with you, Meltinglass.
Anything that helps Africa, or Sierra Leone specifically helps SGCP. The more stability in the area, the better. The less people starve, the better. The more roads that are built, bridges, and getting better water, the better. Then maybe more reliable electricity too. I'm sure you can add to this.
Or we can sit back and laugh at the attempt.
Charlie
yes yes... I DID see that crap last night. Reminds me of a Junior High School Rumor and Bully club. the more mean you can be, the more popular you bcome. at least popular with the mean, stupid people.
I was always a Band Man myself. The cheerleaders hang with us, and THAT makes us cool!
Fish, I didn't log on in time to see the deleted post you were referring to, but no need, the crap that remains is surprising.
How / why do people make this stuff up?
I have an idea for Doug....
Why not appoint someone as a I.R. Director? Someone that would write the PR's, update the webpage, update FRs and be available for our calls. I know Doug doesn't have time for all that and it IS an unfulfilled need of ours.
Might even get the PPS back up if he announced something like that.
So, about 1/4 of the float traded in the last 2 days....
So there is a big percentage of people here that are just like me... fresh meat!
Go baby Go!
Charlie
PR OUT announcing John's resignation
http://finance.yahoo.com/news/sierra-gold-corporation-announces-resignation-140748011.html
TORONTO, May 3, 2012 (GLOBE NEWSWIRE) -- Sierra Gold Corporation (Pink Sheets:SGCP) announces that President, John Semachko Jr. has tendered his resignation as an Officer and Director of the company effective immediately. The Board has accepted his resignation and would like to thank him for his time and effort over the past 4 years with Sierra Gold Corporation.
The company wishes Mr. Semachko well with his future endeavours.
Thanks Carla. I hadn't seen that.
i'd say we have a great chance of getting the $500,000 from this JV. I think it was a good deal.
I hope he DOES release a PR, but I'm betting that he doesn't. We all know that John is gone. Having a PR just for the purpose of stating that John is gone would be seen as negative information and I'm betting that Doug won't do it.
He might include it with other updates, and THAT would be nice to see. Let's get some positive movement back!
How MANY things might be ready to PR? Final Ag numbers, Ag JV, Black Sands Processing, new mining concessions for year round ops, Gold production numbers for this seasons total as far, ...
Charlie
Has anyone called Doug? Care to share?
What I don't understand is why did Doug post 6 new pictures on the website today? They have a date of April 1,2012, which shows that Doug was there and now back again.
Why 6 pictures of the same thing?
Maybe tomorrow Doug will post something for us.... if this was a late April Fools joke, then who is laughing?
Charlie
B4, I read your message and Thanks. I agree.
And now back to.........
This company has SOOOO much potential and so much good can happen. I'm excited to think about our future.
And John, if you are indeed moving on, (we STILL haven't seen anyhting offical) thank you for your service and contributions.
Charlie
Hey, where has The Cork been today? I've long suspected that either he IS John or has close connections to him.
This is our most important day here in YEARS and I don't see anything from him.
Where are ya, my friend?
Charlie
4 new pictures are up on the website....
and I know whatg happened to John. All you have to do is call and ask
ok, there is MY answer to the 4 cent jerk.
It's not 100 bucks, but 100k shares
in time I'll buy something nice for my bikini girls with these profits...
Charlie
Someone REALLY made a statement with a 4 cent sale.....
New Rule, if you're tying to make a statement, make it with AT LEAST $100.
4 cents... what a little whisper.
OK Speed Readers.... is this about right? is it good or bad?
I think it's good, but who am I? I wish they were able to show some income. Lots of good comments though.
Thanks TOSCA, and I see your point. It's going to take a lot to get this going, and without a forward sale of CC's then it's most likely not gonna happen on a large scale. Maybe a few thousand acres would be a big start, and not worth the distraction at this time..... or is it?????
Maybe this will end up being a 20 year project to get it running without the funding. Still possible, but a very long term goal. And if, in that 20 year period the CC market get's off it's arse, then we'd be in position to take advantage.
any way you slice it, it's still a good piece of meat for us to chew on.
Charlie
I know Doug and John both deserve a Hawaii vacation, but we all know that they are working hard without vacations like that.
Charlie
QUOTE:Wow did you see it spike down $15 today? What is going on?
Yep, I did. weird, isn't it?
Thank you for the PM BTW. I hoped it was something like that. No prob.
Charlie
Maybe he can snap a picture of a young Jane Fonda while he is there.
About a week ago we had a comet explode overhead and piece of it fell to the ground. Someone found a 11 ounce piece and NASA told them it could be worth $10,000.
Maybe Doug should bring a rock or two back with him!
I see we had a buy for a million shares and a volume ending in 999. Maybe a signal of something to come....
Does anyone know where Doug is located right now? Is he in SL or back home? I have a feeling he may be back and just maybe....
Yes, yes, I've heard of all that already.
I was just asking about a huge, but temporary, spike. What would make it spike $10 for just a couple of minutes? IMO that would take a HUGE buy to move it, then a immediate correction.
just found it curious is all. Maybe a huge bank or country made a sizeable buy.
Charlie
Did you guys see the spike in the price of spot gold? it went up about $10 for a few minutes then back down. The chart looks like a heartbeat.......
any ideas what's happening?
Charlie
TOSCA, would you translate this into baisc for us? What does it mean?
Any thoughts on how much money it's gonna take to plant the trees for SL1 if we don't forward sell the CC's?
I guess we have to chew through that same block of 37 million shares on the ASK @3 that was there yesterday.
I've already got all I can chew on for now. Anyone else hungry?
Charlie
I hope he tell's you more than he did with me. He really didn't seem interested in talking about CC's. Just kept saying how the market is soft for forward selling CC's.
Please let us know what you find, if you can. Us Longs like to know.
And tes, B4, Charlie isn't worried at all. i KNOW we've got good times ahead. No frets either, cuz I'm a piano man and leave the frets to the guitar players. :)
Charlie
What a nice way to start the day! a 15 million share buy.
shows someone has confidence in what we do.
I'm still happy with all the 3's I got in the last couple weeks.
An interesting question for you good guys....
in todays FR:
The company continues to stockpile black sands from all operations for future processing. This processing is expected to commence in late June 2012. The process employs advanced recovery technologies including that of nano gold recovery and has the capability of operating throughout the rainy season.
**********************
This doesn't say that we've purchased equipment for this, or that it's going to be processed 'on site'. Just that it's going to start in June.
from the December FR:
The results of the assay reports continue to indicate high levels of gold in our samples and Sierra Gold Corp. acknowledges that a portion of the gold is at the micro level and is not attainable for extraction on site. Sierra Gold will be required to transport the concentrates (black sands) to a processing plant, which may be out of country. The company is currently stockpiling this product with the aim of recovering as much of this micro gold as possible. We continue to explore various options in order to have these AU rich sands processed in a way that will show the return on investment that is profitable for all concerned.
************************
So.... is this a hint that we now have a JV with a company that can process our Black Sands somewhere out of country? Maybe Germany?
and how much black sands do we currently have? 50 tons? 80 tons? more?
hey TOSCA! Did you see the Carbon Credit part of the Field Report?
Of COURSE you DID!
This info is just for us Long Term Investors. Flippers don't care. but read it again.
quote:
The company aims to develop this project internally for future carbon credit and/or lumber sales.
By "develop internally" I read it as saying that we're not putting more money into buying trees, but we're ab;e to expand by using our own seeds. This is almost a free ride, except for the cost of managing and maintaining it.
John has been consistant in letting us know that we're STILL developing this project. How many MILLIONS did we forcast for the value of the wood? HUGE! gives me some wood just thinking about it lol
Charlie
Cork, this was one of your best messages! I totally agree with what you had to say here.
My perspective is that I am a ground floor INVESTOR and this company I've INVESTED in is using my money to help build the company. That's a lot different than just buying stock that has already been sold to others several times before it got to me. I've bought shares FROM THE COMPANY in the form of dilution shares, and this dilutoin is what has funded the company.
I wish I had that chance with Apple, or GE, or Coke or Pepsi or....
I've got a lot more to say, but later.
I'ma soooo Happy! Great Field Report!
Charlie
APRIL FIELD REPORT is OUT!!
I'm at work, so I can't do much but say IT'S GOOD!
Go have a look!
Charlie
How can LESS communication EVER be a good thing for our investments? Lack of communication always leads to an abundance of rumor. Rumors lead to panic and then.... crash.
Who wants that? No serious investor would want their stock to crash.
A great example is the JV with ARDC. John's mistake was in NOT communicating with us about him being the CEO of ARDC. AFTER reading the Field Report where he explains it, THEN I became OK with it. His communication was a very influential factor in my support and opptimism for SGCP.
I believe most people feel this way, but a few loud bashers have crushed everyone else.
I'm STILL looking forward to more JV announcements, Black Sands Processing, Gold Extraction numbers, and Crop harvest info.
Lots of good stuff could be coming our way, IMO
Charlie
TOSCA, once again, Thank You!
Your sharing of DD is greatly appreciated!