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Last years first productions numbers came out in march.
I think you are being realistic with those numbers. March 25th last year we had just over 100oz. So at this time anything over that would be a good thing.
Go SGCP Go
Then what brought you to the conclusion that investing in SGCP would be a WISE choice ? And if that is your conclusion at present why have you not sold and moved on. No disrespect, I just dont understand being invested in something you think will fail. I greatly appreciate the honesty of the field reports, good and bad, and the consistency.
Go Baby Dredge SGCP
Was that $150 trade yours? lol
Field report and possibly press release due out next week. Should get very interesting.
GO SGCP
I was answering the question about the 500k, which is for the first full year of mining. I have not read anything on the years after that. But I agree I doubt it would be free, I would imagine it would be percentage based also.
SGCP
From my understanding that is for the first year of production.
Yes they should be ramped up to full dredging by now.The overburden should be cleared and in the gold rich materials now. Last year we recieved our first numbers of 105ounces of gold for YTD of March 25, And they still managed to get over 400ounces for the year, I think acquaintance would be more appropriate than friend. LOL
Dredge SGCP Dredge
In most joint ventures A person is usually placed on the board of the junior company to protect the larger companies interest. So this is normal operating procedures.
This season is just ramping up, we have not even recieved our first production numbers yet. So I guess it is all just speculation right now on what will happen to share price this season. Once the numbers are released then we can make an educated deduction of the future.
SGCP Bring me some good numbers baby
I.M.O. SGCP, They own the leases, Have experience in the region, Increase in production numbers 2010 vs 2011. Already have equipment on site with infrastructure and experienced workers. Should be the best year yet for SGCP.
you are correct, it is extremely clear and simple.
The rivers are low. Keep dredging sgcp.
Cork you have a pic i can borrow. lol
Nothing missing. One agreement is between sthg and ardc, the other agreement is between sgcp and ardc.Two seperate deals, Looks pretty simple to me.
Go SGCP
What 12 month span are you talking about ? In 2010 $987k, 2011 $299.9k , so far this year 40k. Seems to me dillution has decreased dramatically. I would prefer there to be none also.
SGCP
Maybe they are still counting the gold revenues. A very appropriate pic cork. lol We will all know when the numbers are released. Looking forward to a great season.
SGCP keeping on dredging baby
I have to agree. Doug should be back from salone with information to update all of us. Field report and possibly Press Release.
GO BABY SGCP GO
Incomplete or just not a golden path of a yellow brick road to follow ? This is pink land, it is a big gamble.
DREDGE BABY DREDGE
True Statement. Dont believe everything you read on this message board. That statement would include you, me and every other poster here. In the few years I have been invested in SGCP I have yet to be misled or misinformed by the few people that actually stay in contact with john or doug. The information may not always be to our preference but it is factual.
SGCP GO BABY GO
Thanks P/T Now we can get back to concentrating on SGCP. Looking towards seeing what type of gold recovery we have accomplished so far this season. With the increase of gold recovery in 2011 compared to 2010 mining season, 2012 should be very interesting and profitable. Plus news on additional J.V. aggreements on mining and farming possible also.
So first J.V. agreement cost SGCP nothing with the potential for future revenues, or if nothing else we possibly could pick up some slightly used mining equipment already on sight fairly cheap. LOL
win/win
GO SGCP
u Still in houston rob
slow day but over 25mil on bid at 5 and 9 mil on sell at 6
nobody dumping shares, strong hands are holding.
GO SGCP
6 's are gone. 8.21 mill in volume.
GO SGCP
He sounded the same to me, of the many times I have personally spoken to him, he always speaks in that manner. I appreciate the new effort they are putting forth in promoting the company. John is not a salesman, He will never be doing any infomercial for sure, maybe we should add an Investors/Public Relations person to the payroll. LOL
GO SGCP
Thanks Cork. Good Interview, I am glad to see that we are progressing in ag and mining. Each press release, field report and interview continues to give us more information on how we should be able to achieve a productive year.
Go SGCP
It is not unusual when a company enters into a joint venture to name a person from the larger company to the head of the venture company. This is a step that will help ensure the process is overseen with the interest of the larger company be looked after first hand. That is a very good negotion tool used by sgcp. We have spent money and a lot time precurring the relationships in siera leone, this will protect us and take advantage of their investment and sgcp's years of ground work.
GO SGCP
Interesting read on gold futures.
insert-text-here
Go SGCP
Jan Field Report insert-text-here
14 tons per October field report. Get those wheel borrows lined up. lol
GO SGCP
please explain?
This will open up another revenue stream for SGCP. Just one more step to becoming profitable. I also like SGCP keeping everyone up to date on the ongoing progress and direction of the company.
GO SGCP
Take the time
To review the amount of shares released to raise funds
To review the amount of those funds spent on equipment and leases
To review the salary of John and Doug
I my research this is one of the few penny stocks that is actually producing something
And one of the few that actually makes gains each year
Good Luck to all Invested
Go SGCP
Call them out if you actually have money invested here.
They always answer my call even at 12:30 at night. Believe in the future direction or sell. I play the big board and the sub penny plays, and this is the only one I have hung on to for the long term in the otc field. And this is what I do for a living.
GO SGCP GO BABY
The Truth
Dilution or releasing of shares to cover the cost of expension has dramaticaly decreased over the past few years.
Gold recovery has increased year over year.
Farming has increased in size and profits.
Looking at financials the majority of income from sale of shares or profits of gold/farming has been invested in the growth of the company.
Rock
You never let me know where we could meet for lunch roberto
I am in houston a few times a month ftf
Had to add a few more of these cheapies
Go SGCP Go
My heartfelt condolences Cork on your loss.
Rock
SGCP is moving foward, No Hype No B.S. just the facts. Agriculture is expanding, Gold Recovery is expanding, in the amount recovered and the prolonged season of acquisition also. We also have the black sands recovery to add to this years final total. It may not be giant leaps foward but they are taking steps foward, increasing gold recovery revenue, land holdings, mining permits and agriculture production.
Keeping on Dredging Baby
I must agree. Waiting on information about the black sands project, How many and where the new additional dredging permits are with a direction given on the remainder of the year for activities.
GO SGCP
Considering yesterdays volume, I would guess we had a lot of short term traders in yesterday out today. Small profits taken by them. Now we can can get back to the long and strong share holders.
GO SGCP
Has Duped been reincarnated? I think things are looking good not as great as I had hoped for, but still progressing in the right direction. Sell of shares is down, gold recovery is up, farming is standing on its own and expanding, forestation is progressing, for whatever end use that may become, biofuel, building material or carbon credits. They are showing progress, slower than I would like, but I am not in Sierra Leone, so I will hold my shares, call John when I feel a need to.
Best of luck to all GO SGCP
I agree with that. Also major improvement is when revenues increase and sale of shares decrease by the company. Investor relations and public relations need improvement greatly. The fundamentals are here for moving foward it is up to the company on how they proceed to take advantage of the best year to date for SGCP.
IMHO
Paper selling is down about 80% this year compared to last year. I would say that is a positive. Gold production is up per last field report from last year with more production results to come. I am very dissapointed in the pps but I do see major improvement over last year.
GO SGCP