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Saturday, October 09, 2010 11:04:01 AM
It’s been fun to speculate about what riches might come our way in the next month or two. Some of you are trying to come up with formulas and do some fancy math to figure out what our PPS might be by Christmas. I guess all of us are at least a little guilty of that. How many of us buy into a penny stock on Tuesday and hope to double our money by Friday? Anyone NOT raise their hand???
Reading these messages a couple of you asked the question about where we might be 3 YEARS from now, or even 5 YEARS. Now THAT is some intelligent discussion and forward thinking!
Imagine this: SL1 and SL2 have sold at least 2 years ago. We employ over 5,000 local people to tend to the Kiri tress and work in the bio-mass projects and to work our dredges and wash plants. We have at least a dozen dredges working full time and our production numbers for gold extraction delight us all. We have built some infrastructure for the local population including windmills for pumping fresh water and storing it in elevated tanks and waste water treatment and even local electricity. The locals have ALL seen doctors and dentists and been vaccinated. They PROUDLY wear tee-shirts “employed by Sierra Gold Corporation”.
Are we still a sub-penny stock??? I don’t think so. How high can it go? Don’t know. But being over a dollar by then DOES sound possible after considering everything else, doesn’t it?
I think I’m going to PROUDLY buy another 2 million shares next week. If I pay .0012 or .0015 will be irrelevant, won’t it?
Charlie
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