I agree. Soy's only fault is panicing folk. When you have serious money on the line it's unnerving to hear anything negative. These international operations are noturious for going through information blackouts. Which naturally sets the stage for uncertainty overtime and it is this unknowing that makes sub-pennys statistically risky. You get news after the fact and the interm is spent full of speculation. Not having all the current data is the nature of the beast.


Disclosure: I hold shares and I do like money.

Soy, Your right, nothing is for certain, hence the price.

It isn't the price of gold so much as the "word" gold. The more gold is in the public's mind, then the more likely they are to think about gold mining. I can't afford to buy gold, but I can buy a gold mine and here I am.

I trust everyone has read over the new pink sheets filings. I believe it mentions the first know cash flow with regards to a CC project. Let me know if I'm reading this correctly.


Quarterly Report Period Sept 30, 2009 Filed Dec 30, 2009

Pinksheets.com ->SGCP -> Filiings

Upgraded...10$ target.

Might be seeing a bit of a breakout.

I think we need to get over this assumption of a timeline for carbon credits. Considering the scale it may be unreasonable to expect a real quick process. I'm not speaking against prospects, rather speaking in a sense that wishes to moderate the anticipation for the sake of pragmatism.

CC reveune is like the Ace in your pocket, it's time to look at your hand. IMO

Dougs been busy this year.

KEY DEVELOPMENTS FOR GOLD COAST MINING CORP/US (GCMG)
http://investing.businessweek.com/research/stocks/snapshot/snapshot.asp?ric=GCMG.PK

Gold Coast Mining Corp. Announces Management and Board Changes
06/8/2009
Gold Coast Mining Corp. announced the appointment of Gary Cripps and Mohamed Kortu as Directors of the company. Mr. Cripps has also been appointed President of Gold Coast and will replace Douglas Evans who has resigned from the company as both officer and director. Mr. Cripps brings over 30 years' experience in the Financial Services Industry with expertise in trading, accounting, client services and corporate governance and compliance.

You see it was a misunderstanding. I thought you were talking to Doug and it was really John you were referring to. How is he, did he ever recover from that boating accident?

My misunderstanding. So, you have never spoken directly with Doug?

The specific circumstances I was referring too; A two person conversation does not a PR make. A conference call was never in the question.

Really, just technicalities I'm curious about. Sounds like a misunderstanding.

Wow. You sure posses a technical knowledge of disclosure classifications. Where can I find a reference to this particular set of circumstances. It seems a phone call between two parties would be the opposite of public disclosure. It seems odd that Doug would report to you directly so often. He doesn't work for you, so I don't understand why he is compelled to discuss the corporation to no end in the hopes you properly relay the information.

How did you first meet Doug?

My chart looks square, should I adjust the resolution?

http://www.sys-con.com/node/1223151

Pioneering Carbon Offset Deal Between U.S.-Based Wildlife Conservation Group, Leading South African Bank to Link Africa to Global Green Economy, Protect Precious Resources


As the Copenhagen climate change conference heats up, Nedbank and Wildlife Works Inc. sign a multimillion dollar agreement on a REDD (Reduced Emissions from Deforestation and Degradation) project in East Africa. Deal will enable local landowners to monetize natural assets, making available 2.5 million metric tons of carbon credits available for sale on the global carbon market and proving that carbon offset opportunities are both economically and environmentally viable in the developing world.

http://www.prnewswire.com/news-releases/pioneering-carbon-offset-deal-between-us-based-wildlife-conservation-group-leading-south-african-bank-to-link-africa-to-global-green-
Never say never.

Any financial change would have to come in a PR.

Is this assumption correct. Couldn't the company get in trouble if they disclosed a CC sale to just the shareholders?

Breaking News....


http://www.nytimes.com/aponline/2009/12/18/science/AP-Climate.html

An announcement by Secretary of State Hillary Rodham Clinton that the United States would contribute to a climate change fund amounting to $100 billion a year by 2020 was quickly followed by an offer from China to open its books on carbon emissions to international review.

I disagree. It makes good sense to treat air like a commodity and force companies to buy it. I think we should charge people for sunshine, gravity, and anything that can hold a numerical value.

If we don't force industry's to spend millions of dollars to pay people not to cut down trees, then they'll continue to pollute in a way that doesn't create a market place for air and self-satisfaction.

I purchase carbon credits every year to offset the Co2 I exhale while taking a shit. I think everyone should be forced to do the same. You know what I feel good.


Go SGCP!!!

Is that land positioned near the numerous "kimberlite pipes" that are full of diamonds unaccessible to the market before 2000, because of civil war.

Bikeguy:
Can you send me a link to the regulatory agency that handles our licences. I've got a world map and I need the GPS positions to place gold stars all over West Africa.

Anybody from Huntington, West Virginia in the house tonight?

Thanks a lot Cork. I see what you mean.

Hey Cork, can you send me an email address. I've got a couple questions.

Thanks Cork. You know me always asking questions.

Why does SGCP have offices in Canada, File in Nevada, and maintain a lawyer in Florida?

Who is Richard Brodzik?

Why is the ask at .006?

This is my favorite part.

Finally, enough volume to put some pressure on the price.

Last Chance to lock in your losses.

Better hurry before the price sky rockets.

Here is a good listing of previous PRs.

http://www.smallcapwatch.com/company.asp?TICKER=sgcp

The choice is simple.

Either trust your own ability to gauge the potential of an investment or don't invest. SGCP was a good idea when I decided to buy-in. Nothing has changed. We're talking about an operation that has been built from the ground up. The big risk in the past was running out of funding before production covered operations. Now, the CC revenue allows SGCP to continue expanding and increasing production. As long as production continues to increase along side the price of gold, there will be a point in time in which we break even then enter profitability. The stocks value will come with positive earnings. They're already producing and now they're getting good at it. I'm not loving this price trend, but it lacks any material reason. It is a get rich slow scheme, the kind that actually work. Holding strong - GL for good reason.

Cool. I didn't think about that possibility. A fund endorsement would really set things off.

The low share volume is really telling. People are afraid to get out. It's 50% of the high and there's no exodus. 14mil for a day is like counting the change under the sofa.

Might have a little action coming in the next hour or so.

The project does exist at this time.

FTSE 100 Gains As Miners Rise, Friday, December 11, 2009
http://www.proactiveinvestors.co.uk/companies/news/11284/ftse-100-gains-as-miners-rise-us-futures-climb-as-chinese-export-decline-narrows-11284.html

The inside story on explosive junior mining stocks
http://www.proactiveinvestors.co.uk/columns/investment_insights/578/the-inside-story-on-explosive-junior-mining-stocks-including-ariana-resources-anglesey-mining-mariana-resources-and-firestone-diamonds-0578.html

What interesting unfounded speculation.

I agree. Short on time machines all we can do is wait for confirmation.

Yes, that would surely put us in the sights of new investors. The stock mentioned in the article was a PK, so it makes sense that more interest in SGCP is quite likely if this publication has a following.

I'm going to enjoy being filthy rich. It will be a nice change of pace.

I've been waiting to see it take off again for a couple of Mondays. New investors might consider the last two weeks a sign of relative stability. I'm not sure how wide spread the interest is in SGCP. If interest is increasing, then a bounce may be in the cards prior to Dec. 15.

It's in the DD machine,StockTwitter,HotPennyStocks...

Can anyone find any additional mentions of SGCP for this coming week? Anything the makes a reference to news coming out soon or watch for Monday.

We already discussed the "worse case" hypothetical situations. I believe Crusader mentioned a dilution being pretty bad and of course a RSS without reason would negatively impact our value. Or Doug being over come by tigers. There are plenty of "what-ifs" and we didn't ignore them.

The issue is the probability of any foreseeable problems. If anyone has evidence that suggest we should proceed with greater caution, please present it. I've grown fond of keeping money. Otherwise, there really isn't any analytical value to a negative supposition.

"At gold price of US$500, the estimated gold value is US$461,543,500."

The price of gold went up since this report came out. So, feel free to double the estimate.

Yeah, I was trying to find a limit not a target price. Take my deliberate over-estimation of 25$ in one year and say maybe it can reach 1% percent of it's absolute limit. Which puts it at .25 in a year. So, I've attempted to balance share holder bias with a conservative approach. It's not science, but that's all I can think to do at the moment.