Monday, March 28, 2011 7:33:42 PM
As for SGCP stock, I still own a lot of shares and will continue holding shares, but I am not looking for a great FR/PR that is supposed to be coming soon. Irrational projections of "tons of gold" by people on the board will not help raise the stock price, but will leave new stockholders in a panic sell mode if the report is not good. I have no more information than you, but the silence is deafening which leads me to believe the past 3 months of dredging have not been nearly as productive as people on this board would have you believe. A lot of things have not gone as planned this season. Too much rain/high rivers, equipment breakdowns, and a late start, to mention a few. I believe that, if things were going well, we would have had a PR out as soon as Doug returned from SL.
Finally, I am a huge fan and friend of John Semachko. He is a good person and has worked his butt off for this company and the stockholders. We should all appreciate that and he is the main reason I hang in with this company. Sorry I took so long with this.
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