Sutter Gold will go to $3-5 Share in the next..
2 YEARS
I've been slowly accumulating these shares over time. Bought in at .07 up to .38, I'm not worried about the price fluctuations at all. This is a LONG TERM play with the highest Grade out of any Gold Mine. The company's debt structure isn't pretty but they should be able to get out of it within a year after full production, that gives 4 years of EPS to the company and shareholders.
The company is waiting to release News PR. They are going to wait until they are IN PRODUCTION to announce another PR. WHY?
Because this is a HUGE MILESTONE, in turn the stock will skyrocket, most likely to the .7-$1.00 level. Watch it sell off back down to .6-.9, then make another move near the end of the year around November / December once they meet FULL PRODUCTION. I've talked to the CFO, the company also uses its waste / Dirt and sells it to Agricultural companies, another revenue stream.
Ironically, they are sitting on the "MOTHER LOAD" and the stock sits at mere Pennies. Watch this company because a buzz word after full production hits and the ETF Gold market shapes back up to the $1,7000- $2,000 range. All the major banks covered their shorts and now are buying back future calls on Gold. Pure manipulation play on the banks, but watch how Sutter Gold will be in the right spot at the right time with Full Production hitting along with new Gold Highs.
Cheers ,
Clint
