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Re: ttmasher post# 40117

Friday, 10/15/2010 11:30:20 AM

Friday, October 15, 2010 11:30:20 AM

Post# of 83181
"With the climate conference in Cancun and the upcoming U.S. elections all taking place in November there is much uncertainty in what direction the Carbon Credit market will take. Given the above, the company has reviewed various options to fast-track its marketing potential and has been advised by third party consultants that taking the project to full validation offers the best chance to achieve this goal and therefore will continue to pursue this option."

To me the key words here are "Best Chance" to achieve this goal. That does not read to me as a definite sale of the CC project even at a lower price than expected. It sounds to me that SGCP is doing everything they can to get a sale done base on the advice of third party consultants, but there is no guarantee of the sale?

Hopefully I’m wrong and your right! Also, I do like your idea of reinvesting in gold production. Can you imagine 20 dredges working on the rivers, or reinvesting in hard rock mining where you can actually include gold estimates as your inventory that has not been mined. What a day that would be to own millions of shares of this stock!

IMO