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Thursday, February 17, 2011 12:54:58 AM
First of all let me say that I was very concerned about the NV license issue and thought John waited way too long to communicate with us. See, I’m not always loyally positive. Now THAT is behind us and we need to look forward. Way forward!
This last FR had something totally new in it. Something we all KNEW they had, but we’ve never seen before. A Minerals Lab Analysis. Why did John include that in this FR? I think he wanted to show us something and that maybe those of us who can read between the lines can figure it out and be happy with what is about to happen. Remember when it first came out and ALL of us thought that the 170 g/ton was a typo? “Had to be” we all said until someone confirmed that it was indeed 170 g/ton for that sample. John is telling us that this is becoming BIG and us longs are about to become extremely Happy.
Now Pro-Truck, you got me thinking about this in a new light. If we have THIS Minerals Lab Analysis then you KNOW they’ve got lots more. And we have SO MANY MORE AREAS TO TEST!! Does anyone know the size of our concessions or licensed areas for mining? What I’ve been able to look up sounds HUGE to me, and I’m betting that Doug is getting more areas whenever he can.
How much GOLD is in the areas we currently have the rights to mine in? How much river can one dredge process in one season? 1/8 of a mile? Less than that? Maybe B4 and others with mining experience can help answer that question, but I’m thinking that we could be pulling out huge amounts of Gold for decades, and adding 4 or 5 new dredge each year. That’s got to be why we built a dredge manufacturing plant.
I’ve pasted together some of the info from the web site for you to consider….
From the web page http://sierragoldcorp.com/property.php
I believe this info is probably a couple years old…. But look at what is there!
Zimmi: The Mano river consists of a 20 mile long river concession that runs southwest to the Atlantic Ocean. Recently SGCP obtained 36 patented claims throughout a 27 mile area between the Mano and Mowa River.
I’ll skip Pampana
Sewa River consists of two concessions in the Bo district near the town of Gondoma. Sewa 1 is a one sq/mi river concession located one mile south of Gondoma
And from an old field report….
Field report: December 17, 2009
SGCP was assigned a significant new mining area previously unavailable to outside interest and have commenced licensing process in order to commence mining operations in January.
( there is no mention of just how big this new area is, just that it is ‘significant’)
So now we are set up in Wyoming for better taxes, and just in time for our first really significant production report. Maybe it’s time we stop calling each other names and just be happy to be able to purchase more shares at this great price. Once it pops I don’t think that it’ll ever be coming back.
And once again I ask that we try to look 5 and 10 years into the future and imagine what the PPS will be by then. Doug and John aren’t lairs cheats or thieves. They are good men doing great things in an extremely poor country. For now, I’ll continue to trust them.
Charlie
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