InvestorsHub Logo
Followers 864
Posts 27574
Boards Moderated 1
Alias Born 11/05/2010

Re: PoemStone post# 30

Thursday, 07/21/2011 3:13:38 PM

Thursday, July 21, 2011 3:13:38 PM

Post# of 39
Another one, SUGO:

SUGO is an Exploration Stage Company with Mineral rights in perpetuity on Conglomerate Mesa, Inyo County Ca.
Fully Reporting OTCQB:
http://www.otcmarkets.com/stock/SUGO/quote
------------------------------------------------------------------
Short History of Those rights, their transfer(s):
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=64769236
------------------------------------------------------------------
Current pps $0.018 - $0.02 seems to be support for a number of steps upward to come. It has failed every spike/pop in pps so far. The character of that may soon change.
Sugo recently received Letter Of Intent from Quest Financial for 1st needed money: $15 million. They needed 10 million. With Confirmation of Loan Transaction likely soon.
http://finance.yahoo.com/news/Sungro-Minerals-Receives-iw-1984088667.html?x=0&.v=1
------------------------------------------------------------------
SUGO MINERAL VALUE = $35.14 BILLION as of 3/2/2011
4,800,000,000 pounds of lead priced at $1.167 per pound RESERVE EST. $5.6016 BILLION
2,000,000 ounces of gold priced at $1433 per ounce RESERVE EST. $2.866 BILLION
250,000,000 ounces of silver priced at $33.19 per ounce RESERVE EST. $8.67375 BILLION
Zinc Reserve Estimated at RESERVE EST. - $18 BILLION
From 86 page PDF: NI 43-101 Report Feb 10, 2011. Takes more than a minute to load.
http://www.sungrominerals.com/images/report.pdf
Updates on iHub Stock Quote Page News:
http://ih.advfn.com/p.php?pid=squote&symbol=SUGO
I am an assistant Mod.
------------------------------------------------------------------
Market Value1 5,560,375 a/o March 14, 2011
Latest Report CIK 0001427644 Shares Outstanding 87,068,217 a/o March 14, 2011
Fiscal Year End 11/30 Authorized Shares 375,000,000 a/o Aug 31,2009
10-Q Feb 28, 2011
http://www.sec.gov/Archives/edgar/data/1427644/000143774911002472/sungro_10q-022811.htm
------------------------------------------------------------------
FAQs:
http://www.sungrominerals.com/FAQ.php
SunGro Minerals home: http://www.sungrominerals.com/index.php
------------------------------------------------------------------
There is a bet on the SUGO board which may come next: 1) A new CEO with mining "creds". 2) A JV Mining Partner. 3) A buyout.

GLTA. Stone

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.