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Re: nails post# 8840

Monday, 01/12/2009 6:21:51 PM

Monday, January 12, 2009 6:21:51 PM

Post# of 83071
My views on SGCP going forward: There are many of us that have become disgruntled by numerous perceived shortcomings of SGC's management. Some question selling shares, others are disappointed in the reporting, and people like me are concerned with the dropping PPS. We have expressed our concerns and hypothesized how things could have been different. At the same time we have folks who believe everything is going smoothly and things will improve soon. The opinions on dillution are diverse as are the opinions on gaining new concessions. The one thing we have in common is that we all want SGC to be successful. The company has officers that have the difficult task of starting up and running a junior mining company. Admittedly, I do not have the skills or knowledge to do this. I think it is safe to say that most of us lack the ability to take on this task. We have to trust our leadership going forward. We all performed DD before we bought this stock and we liked what we saw. I admit that I have been a bit short-sighted when judging the stock performance. I am not happy with the PPS but I have the chance to get out everyday. I choose to stay because I think this company will eventually bring us profits. We need to take a deep breath and let the company produce during this mining season. I am not talking about waiting for "the one big PR," I am talking about waiting for hard numbers to be reported. Only then, in my opinion, will we see if we have made a wise investment. I can't sit here and type "what ifs" anymore. I will be closely watching the hard numbers and decide if I want to remain an investor in this company at the end of the mining season. Remember, the goals of SGC are to become a long-term producer of gold. We have to give them a chance to be successful. This process is taking longer than any of us want but the profits may be here before Summer. I think we have to step back and realize that this is a long term investment and it still has great potential. Have a great evening.