Friday, August 22, 2008 6:42:06 PM
It was Auto that held the price down to .0065.
In spite of that we had buying predominantly all day long.
Momentum and accumulation are building not decreasing.
I just did a random check of 3 stocks with over 1 mil shares traded and found after hour trades on every one of them including sizable amounts of total AH trades.
As I have commented before, this is really not unusual in Pinky and OTC BB land.
Revenues should increase stock price and will reduce the need to raise Capital.
Revenues can be used to purchase equipment.
With a higher stock price we should recieve more for Private Placements which are a form of dilution which is not always unfavourable.
The best PP's are issued over current trading levels.
The important thing at this point is to start generating Revenue, get our name recognized by Junior Mining Investors and get our share price up to acceptable levels.
I would have rather seen a higher close but 4 green days says we are going in the right direction.
With positive results at the Sewa we can not help but go higher.
Keep in mind this is the rainy season and SGCP was not supposed to have a lot of Production now with minimal revenues if any.
This Sewa project not only has awesome potential it changes all that and allows for significant Production and Revenues all year round.
With out it we would be waiting for the rainy season to end so Production Plans could be picked up once again.
Significant Revenues in a good case scenario will allow expansion without any additional dilution at any point.
eye
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