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Tuesday, 05/31/2011 3:24:32 PM

Tuesday, May 31, 2011 3:24:32 PM

Post# of 83074
Now I UNDERSTAND why we have Field Reports. They prepare us with the excuses for the Press Release that will be a’coming ‘round the mountain when she comes. There should be NO DOUBT that the next mention of any production numbers in the next PR will be a huge disappointment. I was hopeful that SGCP would find at least 400 oz of gold to get to a break even area instead of further in the hole. So now we have 6 - 9 more months of dilution to keep this company a float until NEXT YEAR when the really big stuff will happen, right?

I’m fearful of a reverse split or maybe they plan to spin off the farming projects into a separate company. John has been careful to tell us several times now that he isn’t using shareholder money to fund farming. Why not? Is he keeping it separate so he can later split it off?

And Cork, please don’t PM me. I don’t have an account to PM back. I can’t believe you would be lurking in another competitors board and then PM me about my post there. You seemed to take pride in pointing out their start-up problems. Both SGCP and this other company are long shot gambles and I’m in BOTH looking for a ROI further down the road.

And I STILL have over 2 million SGCP shares that I‘m holding LONG. I guess we’ll see if they do any better NEXT YEAR.

Charlie