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Sarshee ... I too feel your pain. Please don't move on.
Stick around and complain if it makes you feel better.
We are here for you to help you control your pain.
If it makes you feel better I will not mention my average
on SGCP! You see I bought in at .0045 WOW where has the time
gone? Buy buying more through these dips my average is very
low now. SO much so that well I won't mention it out concern
for your pain.
Believe when I say there is money to be made
different ways with SGCP and many others I hold.
I have what I call "transient" shares and I have "longhaulers".
I make candy(beer) money with transients and some day when SGCP
finally takes off my longhaulers will have me buyin lots of
rounds on RGI.
My advice to you to deal with your pain: BUY MORE NOW!!!!!!
GO GO SGCP
ROFL thats right I am holding 375 million shares
with an avg od .00117
I was tryin to keep that quiet
I am trying to get to 500mil
I make $37500 with every tick up so when it goes back up to
.0013 i will be up $75000
I plan to sell it all when we get back to .003
...not
Ok time to pick up some .0010s
I figured they be back.
Great opportunity to average down more
This is great!!!! (jmo)
GO GO SGCP
SGCP: Bargain prices again ...
I am going shopping!
GO GO SGCP
I don't take Pussim's post as pussimism!
I would say that the message was very much critical of individual
posters on this board which worse case is just bad manors.
We have a diverse group of folks here with a variety of
opinion. Its all good. There are many differnt levels of
experience here as well. I have learned much over the last two
years and am constantly reminded of the mixed up world that
pennyland is.
Everyone is an expert everyone is a novice. Remember there is
always someone around the corner that knows a little more than
you. Learn to share your knowledge with others for the common
good of the stock and leave attitude and egos at the door please!
Sermon is over
Yours forever,
Brother Phreshmeat
Holding long - those .0013's I bought moved my avg up :)
I was fortunate to have big powder when those .0009s and .0010s
where sellin so I backed up the truck and loaded up!
lol - half of nuttin is nuttin
on the other hand
half of somthing here for me will be a bracket changer
jury is still out lol
no pain no gain
My bucket is full now but there are many out
here that hold greater buckets full than I.
GO GO SGCP
SGCP: Great bargains - Just added 200k more.
Meanwhile dredges are still working hard
through this extended dry season!
GO GO SGCP
GLTY Below Me
Hey there gemstone57!
I am green with NBRI today!
I have a small qnty right now, still nice seeing green!
GO GO NBRI
C'mon smack those .0015's around folks.
I am outta powda today! Sorry
GLTA
GO GO SGCP
Yes sir I love my .0009s and .0010s
I am green all over.
Have been consolidating and managing
SGCP shares very closely and have my avg down
to lowest point ever.
GLTA
GO GO SGCP
That cant be it ... there must be some other reason!
lol jk
GO GO SGCP
SGCP: Accumulate at low prices today!
Those .0015s are thin... lets take em down folks!
GO GO SGCP
GLTA
Good Morning all, wanted to be the first to say GO SGCP!
Hoping for a good day today.
GLTA
Keep those dredges dredging!!!
On April 6th of this year SGCP published a press release
anouncing the first quarter's mining and test results from
January 1 through March 31, 2011. SGCP 1st Qtr Mining Results
I am hopeful that a little shot in the arm for SGCP is on its
way this coming week in the form of another PR announcing
the second quarter's mining and test results from April 1
through June 30, 2011.
While the numbers from a PR may or may not be big depending on
individual investor expectations, more importantly to me is if
the numbers are good enough for SGCP to have its first profit
making year! Turning a profit this year no matter how small will
be a huge step forward in lifting SGCP up out of the sub-pennies.
IMO
GLTA
GO GO SGCP
Truly a great day in the life of a b4
Happy Happy ♫
Joy Joy ♪
Anyone feel like trying to knock down thoose .0013s?
Shhhhh! It will be a sneak attack ....lol
Have great weekend folks.
GO GO SGCP
GLTA
That was little old me. I was going to take
Crickett out to dinner tonight
but I decided I need a few more .0013s.
Sorry Crickett!
GO GO SGCP
GLTA
ha ha ... Johnnie Johnson will have to rise from
his grave and change the lyrics to his tune!
"It was a long time comin but I knew I would see the day,
When you and I can sit down and have a drink of Saphire Bombay."
Doesn't quite have the same flow...but it still rhymes!
lol
It's Friday boys and girls! Mix yourself up a nice g&t!
Any Johnnie Johnson fans out here? Take 5 minutes and listen to
some blues piano, with Keith Richards on guitar.
Trust me U gonna enjoy dis one!
"It was a long time comin but I knew I would see the day,
When you and I can sit down and have a drink of Tanqueray."
Watch out Crickett I am pickin up some Tanqueray on the way home from the mines today! Cheers to you all!
SGCP: Get em while they're cheap!
I am still hungry for cheapies so just picked up a small
order of golden crispy .0013s ... they taste
great to me. Anything less than .0014 is on my
platter.
GO GO SGCP - EXTENDED DREDGING SEASON!!!!!!
GLTA
Al Gore's Glow-ball Warming?
Yes congrats STI. Good luck to you.
GO GO SGCP
It was nice to see the green for a little while!
Would be nice to see it stick
We need a rally!
It appears that ETMM is exercizing their right to play
with pennies this morning... lol jk
GLTA
TIME FOR THE BLACK SANDS BOOGIE
GO GO SGCP
I am the same ... I always click play!
Someday when we make it to RGI
we can have Crickett and GaGa
lead us in a line dance just like the dance
on the video. ponder ponder ....
Thanks for reminding about the shell game there.
GO GO SGCP
Phunny how all those buys are showing up as sells under "Trades".
Someone explained that bephore ... any volunteers out here
to shed some phresh light on how that happens?
I know its no big deal but it does paint a misleading picture
of the day's trades!
GLTA
GO GO SGCP
ALMOST TIME TO DO THE BLACK SANDS BOOGIE!
b4 offered a link earlier to the Black Sands Boogie
Hey it depends on perspective. I have talked to our controller
who owns no SGCP about stock sales reported as income and he says
its entirely acceptable practice and as long as it is reported
the reader of the financials can draw their own conclusions.
So if it is acceptable way to report I am fine with it I guess.
I have heard the argument on this board many time about that
issue and really do not want to get into a debate over it.
Have a good one and lets hope those piles of black sand
have lots of good things in them to recover!
GO GO SGCP
It is the game we all play isn't it?
Makes you ask "Who's driving the bus?"
Or who is running the dredge?
I agree with ya ... DREDGE BABY DREDGE and
lets hope for big numbers in the stockpiled
black sands!!!!!
lol ... u got me
had me jumpin there for sec!
GO GO SGCP
same here they are sellin me .00135s instead of the .0014s
oh well. I am hittin the ask but the ask is really .00135
I like .00135s too!
All good
GO GO SGCP
Chin Up Everyone!
Chin up, chin up
Everybody loves a happy face
Wear it, share it
It'll brighten up the darkest place
Twinkle, sparkle
Let a little sunshine in
You'll be on the right side
Looking at the bright side
Up with your chinny chin chin…
Chin down, you can't come frowning
Turn around
Starting, clowning
Think sad
Your troubles double
Think glad
They burst like bubbles
Chin up, chin up
Every little time your spirits wilt
Chin up, chin up
Give your attitude an upward tilt
Twinkle, sparkle
Make a little fun begin
You'll be on the right side
Looking at the bright side
Up with your chinny chin
An excellent and fair question.
To answer it properly would require more time than I have
right now... but looking at the big picture and the bottom line
from last year's financials I would say you must start by
examining the income statements to see if expenses and revenue
are relatively close to each other from 2010 to 2011.
Your question is strictly based on gold ounces recovered which
excludes crop income and diamond income if any. With that said in
its most simple form SGCP reported a (65,025) net ordinary income
loss for 2010. So in a controlled financial environment with
expenses and income being exactly the same a person could
conclude they need: $65,025 / spot gold price = how many more
ounces they need to recover over last year's number.
2010's oz total from what I could find was 229oz of gold and 209
diamond pieces. The problem with this math is that we do not
have that controlled environment financially to be able to
extrapolate in. However, it would give you a feel though for
what number of ounces they should be shooting for. Right now
through May 2011 they have reported 190.3oz gold and 199 pieces
of diamonds.
So in my limited perspective I think they will need somewhere in
the vicinity of 275-300 ozs for the 2011 fiscal year to get them
close to break even. This can be entirely debated I am sure so
please do not take my simple extrapolations as a prediction.
Here is a link to their financials ...
www.otcmarkets.com/stock/SGCP/financials
Do your own dd and good luck to you and to all of us!!!
GO GO SGCP
Sorry I am an IT guy not an accountant! lol
SGCP 2011 Gold recovery numbers are up 18.75%
over 2010 numbers thru May. If June 2011 numbers are near or
around 35-40 oz. and July thru October 2011 sees
significant increase over 2010 using black sand stockpiles
as a source through these months, there is (IMO) no reason
that SGCP should not see it's first profitable year!
GLTA
GO GO SGCP
Summer doldrums setting in?
That's ok I will keep buying these up all summer long.
My avg keeps going dow-uuun just like Ah-nuld!
Shhhhh ... listen! Whats that noise?
GO GO SGCP
I hit the ask of .0013 for 100k shares
and they filled at .0011 and recorded it as a sell.
MM voodoo? lol not that I am complaining about picking
up some .0011s! just sayin ...
glta
GO GO SCGP
SGCP continues to be a great bargain today!
Historically end of season gold recovery numbers and normal
end of year upward moves may have SGCP near the low .0030s.
Couple that with what appears to be an extended dry season
and I think we will be looking at a very nice return.
Buying in the teens right now may set you up very nicely!
This is JMO of course ... Penny stock investing is always risky.
Good luck to all!
Happy shopping!
Dredge baby dredge
Happy 3rd of July
I am not an expert but I can point you to
some information published by SGC about stockpiling
black sands. This is from the June field report on the company's
website. SGCP June 2011 Field Report