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Re: the cork post# 18089

Thursday, 11/26/2009 10:01:58 AM

Thursday, November 26, 2009 10:01:58 AM

Post# of 83184
cork: Happy Thanksgiving to all,

I entirely agree with your post. I know that Doug can't privately release material information to anybody (long or otherwise) before it is made public. The SEC could prosecute him if anyone traded the private material information. But unlike most sub-penny Pinks, this company is so publicly transparent! Those monthly field reports on the website are a God sent. And there are SGCP SEC filings to reveal the share structure (well under a billion shares) and SGCP financial data. What more disclosure could an investor want?

Finally, you mention share price: "...Any dip to the previous levels should be welcomed as the opportunity it is, and I suspect will be gobbled up quickly."

Since so many millions of shares were bought yesterday at the "ask", barring some very bad SGCP or world news, in the near term investors would prefer to buy at the "bid", especially at lower levels. I know that I have incomplete GTC buy orders at somewhat lower levels than the .003's that are waiting to be filled. All of this is called stock price "resistance". As you say, lower priced shares will be "gobbled up quickly". The company fundamentals with the possible carbon credit funding bleed off into mining assets and with the start of mining season after the New Year (one month!) all support your conclusion. Gobble, gobble.

Happy Thanksgiving and other joyous holiday seasons are upon us!