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The Sterling rounds probably mostly melted down so figure best to keep for a while. Bond had a website for a which gave all the happenings around the valley. Sunshine since Ray De Motte left not producing, and since Bob Hopper died nothing much going on at Bunker Hill. Amazing, biggest lead and the biggest silver mine in USA, both not producing. Maybe Bond will put out the whole story one day.
China and India keep growing and so will demand over medium to long term. Great time to buy and oil prices should recover mid 2015 forward. Investors love to buy high and sell low, thus opportunity to accumulate stocks like Exxon or Chevron and get paid decent dividend until market turns.
2003-2006 great time for Silver Valley ! Still have some of the silver rounds Sterling minted. May the good times come again, maybe in 2016 ! Bond I hear writing a book.
Translation - Jason Castenir admits company running out of money. What did CEO do before FCGD ? What does company this size need both a CEO and President for ? What happened to the 4.6 million dollars in assets they claim to have bought ? Doesn't show up on financial statements.
When all the convertibles come due stock price will crash.
The Silver Summit was great conference until it moved to Spokane. It was so unique having the mine tours.De Motte and Bond were part of original group that set up Silver Summit. Wallace still has street sign marking Center of the Universe.
Metal stocks run in cycles, a few years good and a few years bad. I think Hecla great for long run. New Jersey and Chester interesting speculations. Otherwise Silver Valley stocks seem to be going the way of United Silver. Just have to be patient I think !
McKesson to $300 ? What is to stop steady rise to $300 per share ? Solid business, solid company, rising Obamacare demand !!
Yes the second Silver Summit quite an experience. just came across this post. All the greats in Silver Valley either deceased or gone ( Magnuson, Hopper, De Motte) only Hecla Mining/Phil Baker left. US Silver now equally focused in other areas, United Silver Gone, Sunshine not public. Hecla, New Jersey, and maybe Chester Mining last plays on the valley.
Second Silver Summit ended with celebration in Wallace as early ones did. Hopper a true legend at the Bunker Hill.
Agree nice speculation. Hard assets. Ownership in strong hands. Nice exploration potential. Accumulating slowly as well, no rush as will take some time I think for metals to recover.
Time to accumulate MTR. Buying while others Sell. Target $35 price again and get paid dividend to wait !
Accumulating HL, buy X, sell 1/2 X, buy y, over and over while building position. HL great long term play on Silver Valley, Silver and long term economic trends. Buy when others want to Sell, Sell when others want to Buy !
Good sign for $4 HL in future !!
Generic ? They flat out tell CFO to cease using disclosures which clearly were not supported sufficiently as many people on this board stated long time ago. The silly attempt at promotion and disclosure killed this company's ability to attract any serious capital long ago.
Either CFO simply wanted to make money off market- buyers who believed his projections. Or through sheer ignorance he had no idea of public markets. Maybe a combination.
Amazing excuses made for this CFO for years while company died.
Anyway a learning experience to be sure.
You forget FCGD did a 500 to 1 reverse.
Sure SAGD can spike up as I think it will when President can afford to send out press release.
FCGD shows style of President. Pull in lots of convertible debt money. Issues himself and CEO 100 million shares each. CEO of FCGD another interesting person. Anyway maybe FCGD taking up Parks time fighting off bankruptcy. DHS already dead. Or maybe Parks will merge DHS,FCGD and SAGD ?
Or maybe even update the web site ? How difficult can that be ?
Pretty simple to update Outstanding Shares, wonder why Parks hasn't done.
President basic way of doing business seems to do as much dilution as possible, pump stock before it crashes. So SAGD probably will go up a bit before dilution starts hitting market.
Just look at message boards for DHS and FCGD. Parks track record speaks for itself. If wrong please advise how DHS or FCGD show a serious business person who has a track record of building a business or shareholder value ?
I agree though, for a few weeks FCGD stock price went up.
Did you read the SEC letters ? They clearly instructed the company to correct faulty disclosures - and since company effectively out of business probably SEC just left at that as they have limited resources so cant go after every company. Funny if I recall there were many posts by supporters of CFO saying how his disclosures were correct- yet SEC letters show clearly numerous items that were not correct.
Have no idea what your comment about educating SEC is about.
As far as CFO running things by lawyer either his lawyer has no experience in this sector, or CFO over-ruled him. The SEC letters clear if you read them.
I get impression that even though CFO has trashed this company into oblivion, for some reason there are still those who wish to defined such performance. Bad luck and poor timing of market can effect anyone, but inexperience/poor choices another matter.
Just my opinion but after years of poor results doesn't CFO have any responsibility ?
Any mining company has to deal with regulations. This company had completely incompetent CFO on every level. Look at SEC correspondence at sec.gov for CGFI, shows CFO hardly understood proper disclosure. Real question is who was behind or working with CFO. Just my opinion of course, maybe someone can say CFO was extremely conversant with proper disclosure, successful at financing, great at management of regulatory process, great at making a forecast. Anyone game to give those opinions ?
best time to accumulate dividend or royalty paying oil stocks. get paid to wait for recovery in oil price.
Agree President only background seems to be diluting companies but probably will be some pumping of SAGD so price will go up for a bit.
Whatever bottom is time to accumulate quality oil stocks !
Whatever bottom is time to accumulate quality oil stocks !
New President hopefully brings some new ideas and energy to table-his track record isn't good though.
Does anyone know if SAGD still has same projects ? Will moderators be updating info on IHUB ?
Excellent Job at FCGD ? Hardly. Looking at filings Parks came in as President of FCGD on August 4. Price was $.07 , and a few days later spiked to $.38 , but declined steadily since then, now $.04. SO under his watch stock dropped 40%. According to their 10q company took on hundreds of thousands of dollars of convertible debt which start coming due . So price will probably drop further. DHS we know a disaster and eventually halted by SEC.
But to be objective is here any thing in his background suggests he can build a company ? OK maybe he got FCGD price up for a few weeks will give him that.
I still think SAGD will pop over $.001 to $.002 for a short period.
Thanks, what is his name ? I was calling the IR firm listed on otc markets. Guess good first question why don't they update their website ?
Well that sounds positive that you got a call back, was that from IR or President ?
Since no news and since IR guy doesn't return call guess we have to wait until President Parks decides we get some info. He may be too busy at FCGD which some say is facing bankruptcy. What a track record he is building.
Looking at track record of new President his former companies disasters for shareholders.
Dilution is coming , how else can he fund company ? So question is whether President is qualified and has desire to deliver value. Or just deliver value for the insiders. Right now only thing to go on is his past track record.
Still think it can pop to $.001 - $.002 on initial news.
Guess we will have to wait for an update to know how many shares are outstanding. Are you saying you believe they increased number of share they could issue but have not issued any since 2013 ?
Another post answered your question re DHS. But at First Colombia since Parks became President following the same path with massive dilution and falling stock price. Is this a pattern from DHS and FCGD that Parks will bring to SAGD ?
Still think price can get up to $.001 to $.002 with promotion, just trying to figure out best price to get out before Parks starts putting out a lot of shares !
Will be interesting who bought all the shares yesterday though $ amount still small.
Has anyone been able to talk to CEO or IR contact ?
From out here in California seems SAGD will move sharply up or down in short term. Long term a big question, it is unclear what President is good at. If he has web experience why isn't website updated? Or why he chooses such interesting associates ?
Has anyone talked to President or IR person recently ?
Does SAGD still have any mining interests ?
Interesting this new President. DHS was suspended , and at First Colombia he seems on a roll mounting up convertible debt while the stock declines. Does anyone know how this makes him a "rising star" ? Hard to take him seriously but certainly no doubt he wishes to get stock price and volume up, how else can he make money ?
Still think stock could go up a bit with any real news , and before a tidal wave of shares start hitting the market.
To be fair does anyone know of any public company Parks has been involved with that has made money for shareholders ?
We all agree with some news this stock should go up, how much and for how long who knows. President's past ventures show a definite path of dilution after dilution after dilution with no positive business results. But who cares if shareholders can make a quick profit.
Why the delay in getting news out ?
All we have to go on until news comes out is Parks track record at DHS and at FCG. At FCGD he issued himself 100 million shares, and in a few months issued a mountain of convertible debt. Not sure how his track record would be called shareholder-friendly.
SAGD does seem a short term opportunity for price to go up past $.001 to $.002 as he will want to promote stock to unload shares. just a guess.
He is also President of First Colombia Gold which uses a lot of convertibles but does seem to have real assets.
Is there any contact number for SAGD besides the IR number ?
Until new President updates otcmarkets how does anyone know what the outstanding is ?
I agree that SAGD should put out some news telling shareholders what is happening or planned.
Point is we are all trying to figure out what will happen with company. Only info now is track record of CEO in his other ventures. Hope to have news soon !
We are all guessing now. The CEO was with DHS Holdings which was eventually halted by SEC, and is also now President of First Colombia. Both companies seem to follow model of dilution through using convertible debt as a business strategy ; to get price back to $.001 or even $.002 a few good press releases probably will do it.
Probably IR guy could answer question if someone can reach him.
I agree , why sell just after new CEO appointed, some news probably will come out otherwise why change management. Plus CEO track record is to issue a lot of shares plus promotion. So $.001 seems very possible.
Great value play, get paid 10%+ waiting for oil price to come back. Even if dividend shrinks to 7% still a good value.