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Re: Rojotu post# 63041

Monday, 11/14/2011 4:41:00 PM

Monday, November 14, 2011 4:41:00 PM

Post# of 83202
I think it depends on a lot of stuff, Rojotu. You are right about buying on the bid not raising share price. As far as "The majority of new shareholders buy on the bid and not the ask..." that's true too, but only to a point. As you know, the dynamics change during a run, and the prospect of 2,000 per ounce gold makes investors look at gold plays a little differently. Regarding SGCP selling shares, if people "pee in the (board) pool" (so to speak) and contribute to a declining share price it's gonna take more shares when they do sell, to get what they need.

That's obviously self defeating. Personally, I'm hoping we can hold the line (on the share count) right where it is or maybe a little bit higher.

We have new revenue from off season recoveries which we didn't have last year.
We have new revenue from secondary processing which we didn't have last year.
We have new revenue from potential agricultural contracts which we didn't have last year.

The carbon credits remain a wild card in the current economic environment but revenue from Kiri lumber, or nursery stock, or even the bio mass project that was previously discussed is always a possibility.

I think 1,000 ounces of gold is a more realistic goal, at least until we hit it. That and any diamonds can float the boat while the other revenue centers begin to contribute.

The board here is a tremendous resource for new people to get information if the board environment is favorable. By the same token, those same new folks can be turned off by excessive bickering or sensationalism. I think if we present a balanced view of the company most folks are smart enough to see what's what.

We are a sub penny miner operating in one of the poorest nations on the planet in West Africa. There is obvious risk. There is also tremendous reward for those that buy wisely.

I think that first thousand gold ounces per year (recovered) is all we need. If we even just hit a penny there will be a lot of smiling faces around here.

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