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Toughgun

11/06/09 12:26 PM

#15328 RE: ID Supermoney #15326

There are alot of things not know about the Carbon Credit situation and more DD is needed for that too,

Thank you for pointing out things you question, I got jumped on too when I stressed that although this is very good for the company, it is not going to go into stock valuation and Dividend back to Stock holders, it will add value to the company in PPS but we as stock holders will not ever touch the money of the Carbon Credits, that money would, once the credit has been sold go to the cost of opporations in continuing the project. there is alot more that needs to be understood for sure.

the post where green giant states SL, well I see no referance to SGCP specifically and therefore take that info with more PROOF needed.

It was mentioned to me that John S will be back with SGCP by end of Dec, the Carbon Credits are huge for SGCP for future and current lease agreements and structure showing true support for the locals, when they start to see the $$ from the Carbon Credits then we will see hard benefits,

like most have posted here, it's the new year of production with the new equipment that will hit our PPS even better.

Just MHO

GLTA
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woody85

11/06/09 12:46 PM

#15331 RE: ID Supermoney #15326

ID keep posting i love proving u wrong....


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awhitefish

11/06/09 1:27 PM

#15349 RE: ID Supermoney #15326

As I understand the situation, SGCP has a lease on 40k acres of existing forest. The project in that case is an agreement with the U.N. not to log it for the next 10 years. In return, the U.N. has established protocols through the World Bank to give credits on the amount of carbon that forest will absorb. Those credits are sold on exchanges to companies
whose carbon emissions exceed their established caps. Companies like SGCP can
sell their current and future credits(forward sell) at discounts and get the money
as soon as final approval is made by the World Bank. Based on the field report,
I'd say we're close to getting the money.


Fish