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Re: rhgunner post# 19671

Thursday, 12/03/2009 9:19:43 AM

Thursday, December 03, 2009 9:19:43 AM

Post# of 83071
That's a great question and it's always on my mind. Right now I don't even have a top end to SGCP. Think about this: add up all the market value to all the Major and Junior miners. You can find the data on Kitco.com. I'll give ya the refrence but I'm typing now. The market value is less than WallMart. All the companies producing gold don't don't equal the market value of WalMart. When gold gets hot there won't be enough shares to meet demand. Ya think it's hot now? Ain't no bubble yet. SGCP is in the right place at the right time. Has reserves. (Most miners are loosing production on mines that have been worked) There's many with potential reserves but SGCP can make it happen. We don't need to take a 20% loan as other miners are. We don't have that monkey on our backs. But hey....I could go on but you get the idea. There's a time to sell and there's a time to accumulate.