SGR continues to be an absolute bargain! Over the past week or so I managed to pick up a bunch more shares at bargain prices. I am done now and will wait till the markets settle and more news comes out. The facts are there -- the gold is there (more than we have been told so far - the resource count keeps growing), the mill is functioning, the company has cash and no real debt, they have spent time and energy to train a stable, local workforce. The facts are there. We are sitting on a huge gold deposit!!
BUT, so far the PR has been less than stellar, news has been slow getting out and this week the price of gold is down in the midst of market unsettledness. Net result - the shares of SGR are available at BARGAIN PRICES! The facts haven't changed - the goods are there. It is investor uncertainty and market jitters that are providing this incredible opportunity. I have taken advantage of it to the fullest extent I can; but I have no more cash to invest at this time. Grab it while you can.
The price of gold will recover - the facts of our world economies and political uncertainties alone say that it will. So do all the experts. There will be more disclosure of details on the mine itself soon. I expect we will be hearing of further expansion plans as well.
Eeverything I know points to an upcoming recovery of markets and of SGR share price. Today is an opportunity to buy.
JMHO.
North Lion
I am on the cheapie plan, so can't PM. Please use email: lion@ldj.net
