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Re: sagan post# 71336

Wednesday, 10/17/2012 7:17:45 PM

Wednesday, October 17, 2012 7:17:45 PM

Post# of 94785
Agree with Sagan, that most of blame must go to Doug & John for creating the situations(losing Pampana North, buying lots of dredges, presenting conservative estimates - that smacked of Pump & Dump or a scam).

I also strongly believe that if SGCP had NOT lost Pampana North, we shareholders would be holding a $1 to $2 stock today. SGCP had a very small openpit ops & they were recovering lots of gold. They could had dramatically expanded it, adding heavy machinery.

They also could have dredged in that area of the Pampana River and made profit.

Losing Pampana North has made making a profit from gold ops, (so far for 4 years) a non-profitable operation for SGCP.
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