InvestorsHub Logo
Followers 329
Posts 43033
Boards Moderated 3
Alias Born 02/15/2007

Re: mdb1 post# 24246

Saturday, 01/09/2010 10:48:36 AM

Saturday, January 09, 2010 10:48:36 AM

Post# of 83081
There could be a lot of reasons.

Maybe because they are a small sub penny Pink Sheet miner.

Maybe because the mining season is just getting under way and they haven't produced gold yet this year.

Maybe because of that small status, they have not been able to produce predictable month in and month out production results (due Rainy Season to the lack of the appropriate equipment to do so) like larger more established firms.

Maybe because your DD was superior to most of the market and you (we) found them first.

Maybe because the majority of the investing public doesn't fully understand the carbon credits thing and doesn't realize or believe Sierra Gold is going to participate in that market.

Maybe because a lot of investors are more comfortable investing in North America with it's more inherent political stability.

Maybe because folks still associate Sierra Leone with "blood Diamonds" and don't realize we participate in the Kimberly Process.

There are a lot of reasons folks choose to react instead of act.

News will drive the stock price and move folks from the reaction mode to the action mode. That's what usually makes the stock price go up.

Some folks don't understand this, and are perplexed.

Some folks do understand this, and recognize the opportunity it presents.

Never forget that this is a sub penny Pink Sheet miner with all the risks and rewards than go with such a ventures. Not for everybody, so those that don't feel comfortable with the risk/reward ratio should bail in favor of a utility stock or something more to their risk appetite. Good luck finding one at the sub penny range LOL!

That said, I'm yet to invest in a security that did everything I want as fast as I want. My best silver stock is languishing too, but it too will slingshot when it goes, albeit for entirely different reasons.

That proof is evident if you look back over the last year's Field Reports.

You can see the level of communication and the company's seasonal time lines very clearly there. Don't expect a carbon copy, but this year should follow a similar path.

Those were backed by almost weekly conference calls that roberto generously spent his time to set up for everybody to have a chance to talk to John.

I say relax and reload, or cut and run. The history of the company is one of more communication not less.

GLTA !!