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Re: robster post# 13060

Thursday, 07/02/2009 12:44:41 PM

Thursday, July 02, 2009 12:44:41 PM

Post# of 83074
I hate to say it but my decision to invest in SGC was a mistake. I have voiced my concerns before about the dismal performance of the stock. I decided to wait until the mining season was over to make an exit plan. I guess I learned my lesson about pinkies. Management can over estimate production, tell you they will not dilute and then dilute, announce how new equipment will result in shareholder value and then admit they bought the wrong equipment. This company has turned into a complete stinker. I am impressed with many of the members of this board in attempting to get involved with management and try to make a difference. The sad truth is that we are dealing with snake-oil salesmen and they will say anything to sell us shares. I have concluded that this management team is incompetent and not worthy of my investment. IMHO, the only hope to recoup our losses is if SGC is purchased by a firm with competent leadership. Good luck to all of you and maybe we should take future advice from soy or emergency. They saw this company for what it really is.