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Friday, November 11, 2011 2:28:20 PM
This is a generalized statement...not meant to anyone in particular.
Time evaporates the price. SUGO moves forward and adds 'time' the price will go up. Unfortunately, I think convertible debentures are the worst thing possible, however, I do think that if I had my back up against the wall and knew (in my heart of hearts) that the mine could produce HUGE...and, I didn't have cash... I'd probably do the same.
SUGO needs to get this exploratory permit done ASAP and start digging around up there to give us results of what is 100% there. The Moore Report was very good, but it literally only scratched the surface.
We get exploratory news and SUGO will be headed to $.10+ ...if it takes time to move things forward we'll continue to drift and possibly drift downward until we get exploratory news.
Time is a convertible debenture.
SUGO has NOT thrown in the towel and is committed to moving forward. If you want, call IR and tell them to move forward already. But, its a complete waste of time to talk about correlations of gold prices and SUGO share prices.
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