You did see the reference right? SGCP's website! LOL

WOW, major dumping at 4's now.....ew

Not sure what you're referring to, but the only reference I see comes from SGCP's own website. Not what I would call a solid reference. Also, refers just to the CC project which has gone nowhere.

No response by Atila on that BS post on SGCP having the largest Ag project in SL?

What are you smoking?

I hope the best for VPER. Been in and out of this for the better part of a decade.

Wrong. Just dead wrong. Look at the filing period end dates and when they were filed (published). They only recently got their act together.

http://www.otcmarkets.com/stock/VPER/financials

Down to 4's now. Great job management is doing. Better buy up these cheapies.

Like I've said many times I'm out on the next spike. Common sense tells me something is better than nothing.

Your right, recreational miners are producing more gold than SGC. LMFAO

There is? Really? So too much flow will wash away all their gold? I would HOPE they know this. Someone should also inform the crack staff that it's not "microscopic" it's gold dust and that's what miner moss is for.

Next on CNBC, why you may be buying smuggled gold from Africa.

"Due to recent overwhelming response, both positive and negative, I wish to take this time"??

What time? The ten minutes it takes to write the BS "clarification"?

John doesn't even know the difference between "transparency" and Conflict Of Interest. Ugh!

March 13th and still no news on Jan production. I would think if they were producing great they would want all to know by now. If I'm wrong and they are producing great, shame on them for not promoting. If not, aaarrrg.

I won't go that far. I don't make predictions, just hold management to company plans.

Sierra Cold Corp found the largest nugget ever?

Agreed!!! As long as serious discussion of the company is not compromised.

Telling it like it is? Come on.....

I think you are missing the fact that I(we,hopefully) want this to succeed.

"we'll get it when John and Doug get it" ? They don't know already?

"The monthly Field Reports were abused by traders," ? It wasn't traders it was monthly 30million share dillution.

"We had something like 2 or 3 press releases and two Field Reports over a period of 6 weeks, but they were met with scorn and ridicule"? A JV announcement that the President of the company is starting a JV as CEO of a private company doing the agreement? Serious red flag. Don't believe me just look at the share price.

"As for true longs, Folks that stick around and take advantage of the situation will enjoy the reward. Those that don't won't.". So sure?

Truth?

But not answered.

I would accept just some operational clarification. Not a piece by piece break down, just an overall opperational outline. Not very difficult online nowadays.

It is sad that board members don't request more from John and Doug. Especially Doug who hasn't even written a shareholder letter in 3 years for the website.

You can never keep it simple can you. They run minimum 4, 50 tph dredges (one 100tph if we are led to believe). All you have to do is run their numbers and you may understand. Besides vocano's, tsunami , or the sort.

As should be. Anyone know when the next production numbers are going to occur? Seems to be awhile.

These lotto tickets are manipulated.

My expectations are 50% less than the conservative estimate of president of the company. mmmm

Projected gold and diamond extraction numbers are based on testing and equipment currently on site in Sierra Leone. The projections shown below do not include rainy season operations and assumes 180 days of a potential 180 to 210 day dry (mining) season and 6 hours of a 6 to 8 hour operational day. Evaluation of our first rainy season operations has not been completed therefore projection numbers are not available. It is my belief that conservative numbers must be used in any projection formula and is the reason why these numbers below were chosen:

A) Four dredges at 25 TPH = 100 Tons per hour
B) 100 TPH x 6 hours per day = 600 Tons per day
C) 600 Tons per day x 180 days = 108,000 tons
D) 108,000 tons @ 1 gram of gold per ton = 108,000 grams
E) 108,000 tons @ .25 carat of diamonds per ton = 27,000 carats in diamonds.

Oct 26 2010

"It is my belief that conservative numbers must be used in any projection formula and is the reason why these numbers below were chosen:"

From the President of SGCP. I'll believe him over a Moderator of a message board.

What ever that means, OK. You wanted numbers and expectations, I gave them. Straight forward, reasonable and projected by the company.

"I can see that optimal operating schedule above working for a day, perhaps even a week or two, but sooner or later the recovery rate breaks down."

That one.

You say no excuses, but that's all I see on this board. I would be happy if they got 50% of their conservative numbers. Excluding a volcano erupting.

You consider that optimal? LOL

Those numbers are conservative conservative numbers. So by your account everything bad will happen every year to them. Karma is a bitch. LOL

Whoa!! They recovered 404 ozs last year. And even if you use those numbers (note the 1g/t recovery = 38%) they got 10% of their CONSERVATIVE numbers.

They had 3-4 dredges going all mining season except for when they ran out of diesel. It's still pathetic recovery.

BY THEIR OWN NUMBERS.

That's not the recovery rate....

I gave them an insanely low recovery rate of 25%.

The 2.6g/t is from their assay results.

2.6 g/t

4 x 50tph dredges x 6hr/day = 1200ton of material processed.

@ 2.6g/t x 12oo tons = 3,120g Au = 110oz Au PER DAY!

Let's say 25% WHICH IS PATHETIC

That's 27ozs PER DAY!!!

THAT'S WHAT I'M TALKING ABOUT.

Hindsight, No. I'm going buy company's projected production rates and assay results. Normal recovery rates and gold prices. That's all.

Bravo! Why should it be considered bad to expect your investment in a company be respected by management.

If people want to extol the fact that this is a Pinksheet stock then this will always be looked at like a scammy PK stock. If management wants the company to been seen in a better light they need to respect the investor, communicate CLEARLY, and promote the positives of the company. IMO

I went by the information the company released at the time and the AS/OS at the time. What they were producing and the growth potential. Why did you buy?

THE COMPANY. Is that clear enough.