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Re: nails post# 27728

Tuesday, 02/16/2010 1:02:48 PM

Tuesday, February 16, 2010 1:02:48 PM

Post# of 83080
One Shareholder's rebuttal to today's admonishment by management:

While I am sure you have received numerous letters/emails from concerned shareholders you did make public your contact information. Of course you will receive more letters when the stock is tanking and you are mum for a long time. It is not unreasonable for a shareholder (a.k.a. owner of the company) to request current information as it relates to his/her investment. Many shareholders requested current information on several subjects and are still waiting for answers so

To the management of SGC

We simply want to be informed with current information regarding the company. Why have there been no production numbers given to us? We are nearing the end of February and the mining season is nearly half over. Is that an unreasonable request in your opinion? Is the experienced operator in Sierra Leone operating equipment and training workers? Does this question upset you? Why did you double the A/S and are any of the new shares issued? Why would an investor need to know that? Right? Many of us have been here for several years and have a kinship with your company. We believe when the whole story is told there will be a human and financial benefit to the people of Sierra Leone and a good return on our investments. A little more effort in communicating processes and results would go a long way toward making your shareholders happy. Having said that I am offended with the slap toward your investors today. It is not our fault that your communications are lacking the details required to make good investment-related decisions. You heard the frustration of prior letter writers now hear the disappointment of this shareholder. You can do better.