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ShootinBlanks

01/10/10 11:13 AM

#4709 RE: Plata #4707

Good to have someone here with an inside perspective. Any thoughts on KATX? Sorry for the off subject post but I own shares there and have high hopes for the future as well as here with SUGO. Hoping to add more shares in both stocks here soon. Not sure if you can private message unless you have a paid membership but feel free to do so.
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rbtree

01/10/10 5:42 PM

#4711 RE: Plata #4707

Note that all those trade on a legit exchange for juniors. Unlike SUGO, they most likely have mining people who know what they're doing. For all we know, SUGO may not even be able to keep the CM property if they can't meet the deal terms.

And, if they do, how will they move forward, without money or expertise? Or deal with the huge environmental roadblock?

That said, maybe with the mgt and location change, maybe at least they'll be able to issue stock as needed. Will that help the bloated share price? Doubtful....