Wednesday, December 09, 2009 1:15:15 PM
Have they proven an ability to access Gold? Yes.
Are they working within a stable government? Yes.
If they were producing gold with shovels and pans, then I would expect them to produce more gold with access to sophisticated equipment. The "rainy season" I imagine also acts as a natural mining advantage, because new earth is uncovered every year naturally. After weeks of digging through the facts I have found myself more confident in this companies near-term prospects. I think the recent trading is due to those that bought SGCP solely because it had a nice chart. I would remind all that this stocks current value is news driven and not trend driven. No news means it's holding based just on past PR and updates. New news will prove the valid nature of these observations.
To those that bought; well done.
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