Wednesday, July 20, 2011 3:49:58 AM
dry land placer deposit
So Phreshmeat is not to bad at $1.97 per share !
Info from:
http://messages.finance.yahoo.com/Stocks_%28A_to_Z%29/Stocks_S/threadview?m=tm&bn=73071&tid=6184&mid=6184&tof=3&frt=2
7-Jul-11 07:17 am
Been reviewing 2007 - 2008 "bulk sample" assay results on SGCP's Pampana North property.
1)SGCP has world-class hard-rock gold ore deposit worth $billions with assays from $1 oz/ton - 3 oz/ton with visible gold veins that can be visibly followed! Goldcorp, Newmont would mine this world class deposit in a heartbeat. They are mining properties that have .3 oz/ton gold very profitably.
2)SGCP has found a placer desposit on flat land near the Pampana River that assayed 12 grams/ton! This is on dry land. (add rare earths)
3) Pampana River front has sampled upto 4.5 grams/ton in dredging samples.
4) Pampana River basin rich in rare earths
Just #1 and #2 makes SGCP stock worth $1+ imo. Because #1 & #2 are worth $billions in gold and they are on dry land. #2 is easily accessable and easy to mine - flat land, near the river.
#3 & #4 are worth $millions per year, but are susceptible to weather and high river conditions.
4) Potential for $hundreds-of-thousands/year on Carbon Credit program, timber revenues
5) Farming is now profitable and growing and probably will bring in $tens-of-thousands in profits per year.
6) Diamonds - $thousands/year in profits
***SGCP needs to return to their Pampana North property with everything they've got.***
Goldcorp: started at $3 and went to $30s as gold climbed from 240s to $900s. Their Red Lake hardrock mine had gold grades from 1 oz/ton - 3++ oz/ton.
JMHO, but no doubt Pampana North property worth $BILLIONs in gold alone, add rare earths, titanium oxide, hafnium, zircon, platinum, diamonds.
Dredge and stockpile, dredge and stockpile, SGCP !!!
GLTA, IMO,
Sunny
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