Wednesday, September 24, 2008 2:32:49 PM
SGCP - Sierra Gold Corp. - http://www.sierragoldcorp.com - This is a very solid junior gold mining company in Sierra Leone. Currently trading at .006 with 222 Mil outstanding.
They have just turned the corner from exploration to production. At this time, they have many projects going on simultaneously, and are going to take full advantage of the mining season. They do relatively inexpensive river dredging in historically known gold areas.
They are also into diamonds, but gold is the primary focus.
I have been assured by the company recently that they will not be diluting to fund additional equipment purchases. This is not a pump and dump in any way.
Recently they have increased transparency, added a new web site with updated financial info and current projects.
The CEO Doug has been traveling to Sierra Leone for 5 years now earning the trust of the locals and Paramount Chiefs. He employs and feeds hundreds of the locals with separate farming activities and animal projects.
I expect this to really make some nice moves over the next few months. If you have any questions, the board is http://investorshub.advfn.com/boards/board.aspx?board_id=6600
Please take a look, you might like what you see :)
For you Technical guys, heres a chart:
They have just turned the corner from exploration to production. At this time, they have many projects going on simultaneously, and are going to take full advantage of the mining season. They do relatively inexpensive river dredging in historically known gold areas.
They are also into diamonds, but gold is the primary focus.
I have been assured by the company recently that they will not be diluting to fund additional equipment purchases. This is not a pump and dump in any way.
Recently they have increased transparency, added a new web site with updated financial info and current projects.
The CEO Doug has been traveling to Sierra Leone for 5 years now earning the trust of the locals and Paramount Chiefs. He employs and feeds hundreds of the locals with separate farming activities and animal projects.
I expect this to really make some nice moves over the next few months. If you have any questions, the board is http://investorshub.advfn.com/boards/board.aspx?board_id=6600
Please take a look, you might like what you see :)
For you Technical guys, heres a chart:
Join the InvestorsHub Community
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
