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Re: friedchicken post# 13020

Tuesday, 06/30/2009 10:20:51 AM

Tuesday, June 30, 2009 10:20:51 AM

Post# of 83363
Agree friedchicken. But what to do? At .001, SGCP has a market cap of $600k, but they have mining concessions which are potentially worth much more. They are producing gold, up to 75 oz/month and probably about 500 to 600 oz for the year. The problem is that they are undercapitalized. They need to join forces with a well capitalized partner or they need to find a 100 karat green diamond and sell it for 50 million.