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Wednesday, July 20, 2011 1:42:15 PM
He stated he had done research on the Conglomerate Mesa property and was impressed. He further posted, multiple times in March, that enviro concerns are NON-CONCERNS because of the existing permits.
I'm glad you think SUGO's stock will "jump up a lot" - glad to see you on the positive side for SUGO. I am surprised you would call people "enviro nuts". I guess this means you think any one with an environmentalist opinion is crazy? or a wack job? It may surprise you but I don't want huge environmental damage, does this make me a "enviro nut" or a wack job? I am a realist and with gold and mineral prices where they are it's clear that SUGO and the property will be in HIGH DEMAND. IMO, because it is in California it will be one of 'cleanest' mines in the country. But, this will take some time.
As you state financing will cause the stock to jump up. Plata feels that public comment and 'enviro nuts' will be a non-issue. Plata states the road to Conglomerate Mesa will be easy to reopen and will only quicken the permitting to drill on the property. IMO, the day we get financing we can expect SUGO to put together a timeline on regrading the road to CM and file the necessary permits to drill.
Oh man, this is going to be a VERY FUN stock to own! I'm glad you feel there will be "plenty of opportunities to make some darn good profits."
Any guess on where SUGO can go to on closing of financing? What is your best guess on announcing a plan of operation with the BLM? What do you see as price potential when SUGO drills and validates what the Moore Report has stated as far as quantity of mineral content?
I agree that any loan paid off when SUGO is $.20-.50 won't dilute the company that bad.
Glad to see you see the potential here and I look forward to seeing your stock position and portfolio grow with SUGO!
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