Don't look now, but Gold is moving up again and probably is going to make new record highs next week AGAIN!!...It is sitting at $1432/oz as I write on Sunday...AND SUGO IS LOOKING FOR ITS PARTNER AT A PERFECT TIME...
The biggest factor here is the estimated value of the property, because that is what will attract an investor/partner, and since no one knows how many ounces of gold will be extracted till after they do the extraction, everything is about how they "estimate" the value...Probably the Moore Technical Report and the underlying documents on which it was based are critical, and maybe they will do more drilling before it is finally estimated... but, one thing is for sure, part of the estimate procedure looks at the price of Gold...and no matter how you cut it, that is great right now, and as the value of GOLD goes up, so does the value of the claim and SUGO's stock...when the PPS lags the moves in the value of GOLD, that just means SUGO is getting cheaper and more undervalued by the machinations of the MMs and the stock market...but SUGO cannot go down in value while Gold goes up in value without a logical disconnect...all other things being equal...
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