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Re: LA4321 post# 12489

Monday, 03/07/2011 2:34:08 PM

Monday, March 07, 2011 2:34:08 PM

Post# of 60230
Yes, LA, it is a chuckle.....

that all you fellas think SUGO has any value at the current time, beyond what they paid for the leases, and some value based on what COULD be, at some time in the likely distant future.

Yes, there is considerable potential value, but not until much work is done to prove up the ore body. Then, and only them can probable and possible resource and reserves be claimed.


Further, you have no idea that partner news is forthcoming, beyond what the company has said. If you believe everything you hear from OTC stocks, you are a gullible man.

Biggest problem is permitting, and the go ahead to drill, which will likely never happen. Mark my words.
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