Well, if it's ok to repost old news so that the newbies have a chance to catch up, then I'll do one of my own. yes, I am an average Joe with no experience in mining or mining stocks. But I do have an opinion and HAVE read all I can about SGCP
I still have faith in this company even though we seem to have a concern with the license issue. We can get past that and move on.
Here is something I wrote to be supportive. Try to visualize the potential of this company 5 years from now.
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Close your eyes and imagine what it’s going to be like 5 years from now. It’s the 2015 - 2016 mining season. What’s the price of gold? $2,000? $3,000? More? We have more than doubled the size of our dredge manufacturing plant and we have at least 25 dredges in the water. Maybe more dredges than that! Maybe 30 or 40 dredges. Do the math using John conservative forecast for this year and have an OMG moment!
Wait, there’s more!
Our Carbon Credit projects will have all sold by then. SL1, SL2, SL3, and Bio-Mass and maybe even more. Last year our PPS shot up to almost a penny when word first got out about SL1. We can blame China if we’re looking for a culprit for the drop on the price for CC’s. When China dropped the ball in Copenhagen last year then the U.S also declined to go the Cap and Trade route. Without a global cap and trade policy the price of CC’s went sour. Doug must have decided to wait it out till the price comes back up. WE didn’t like it at the time because we ALWAYS want our cookies NOW, but it was the right business decision, and it was HIS decision to make. Not mine, and not within my timetable. This WILL pay off Big Time when it happens, and we ALL know it!
Wait, there’s MORE!
We will have begun harvesting the wood from the Kiri trees used in the CC projects. Our lumber mill is producing wood for construction throughout SL.
Wait! There’s MORE!
We will have developed farms in SL and of course, the land is perfect for it. For the first time the land is being worked with tractors and harvestors and we plant a wide variety of food. Food is plentiful everywhere within our reach, and we’ve been exporting the excess for several years. The general population is no longer starving.
WAIT, THERE IS MORE!!
We employ over 15,000 workers to do all the above. Employment for the locals is found in the rivers, in the Kiri forests we’ve planted for the CC’s, in the lumber mill, on the farms, and all the spin off jobs as well. Doug Evans is a Hero and local schools are named after him.
Now, what is our PPS?? Isn’t 20 cents or more PPS within reach? If I have 5 million shares at 20 cents then…. I will have achieved the New American Dream! The old dream was to own a house, but that is the American nightmare now. So the New Dream is making the first MILLION dollars. I’ve heard that the 2nd million isn’t quite as hard to make...
This WILL go “To The Moon”, “ Ka-Boom” , “Massive Profits Ahead”, it’s just not going to get there in a week or month or even several months. Although I’m not going to be depressed if it does.
Thank you in advance for EVERYONES help in getting me there! The Longs, the Pumpers, and the Bashers too!
Good LUCK to EVERYONE!!
Charlie
