Friday, August 03, 2018 8:26:07 AM
Why Doug didn't just expand (double, triple, quadruple) his little gold operation on the Pampana River is way beyond me. Why go into dredging when you don't have to. He should of invested in a small front loader and more sluices. Then we all would have been RICH. It seems so obvious, but he didn't do this. The farming/produce was a nice benefit to the villagers.
The Pampana operation could of maybe produced 12,000 oz gold/year with expansion. During this time gold shot to 1900/oz.
The other thing is instead of Pawanea trees for carbon reduction, they imo should have use meringa trees. Then as a backup they would have had a food crop within 6 months if the carbon reduction plans went bust.
Anyway glad you were able to unload shares. Who in the world is buying? Why?
One other thing if Doug had got on the rare earth bandwagon, the stock could have risen a lot. Not that any production would happen, but Sierra Leone is loaded with rare earths (China at one time hoaded its rare earths, causing prices to skyrocket for about 1 year). SGCP could of just said we are investigation the possibility of retrieving rare earths from the Pampana.
Oh well.
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