InvestorsHub Logo
icon url

keyboard man

03/07/10 9:13 AM

#30110 RE: properlynumb #30109

Good Morning All.. I have been watching and reading this board as I have had time over the last few days. Just put in a 13 day stretch.
I have been in Heavy Duty Sales for 35 years more or less now. I am a unique animal in my game, but would like to offer up some observations and suggestions. I mean No Harm to anyone who disagrees or who has posted an alternate view, just wanted to bring some ideas to the top that I use daily.
I have been through at least 3 recessions in my business. We are still in one, don't let them fool with you. Now things are starting to look up, but ANYTHING is better than what we had going in the economy in the US the last 2 years.

#1: Assuming that a better offer is forthcoming from any buyer once you have rejected their initial offer is very very dangerous and truly just that: an Assumption. Particularly in these times. From what I see, Lots and Lots of Companies are getting into the CC game. My thought, if we don't sell, some one will. The Theory of for every 12 inquiries, you get one prospect and for every 12 prospects you get one buyer, is a proven mathematical reality. Do the math, and you will see how many real buyers we may have.

#2: I am curious if someone can answer this question: "We are hooked up with Green G in the marketing of our shares. Did I understand correctly that we assigned them a substantial piece of the pie if they get us a sale? But, who makes the call to make the sale? Did we give GG the controlling Interest?

#3: On the sale of the CC, another point. I don't see any gold!!!! So am I to assume we either are not digging, or that we are not getting much done? No one knows. It is quite obvious to me that any flat line of any stock for as long as this one has run lately gives the strong appearance of dilution. I am not saying that is all bad, but the pattern is very very indicative of this. We all know it happened last year. That is what took us to .0006. So my question on this point is: "Ok, we turn down an offer on the CC because the company is surviving without it for now, but obviously, it is going to take a lot more gold production than we are seeing to survive on that alone, and what do we do if the CC does not sell for a whole year? Does the company issue another billion shares? That is borrowing your self out of financial situations, and that is a mistake. I feel we can survive the 2nd billion but a 3rd will drive this straight down to 0.

#4: To wrap up, as my lovely lady and I have to go see our lovely daughter, we have something here in SGCP. It has all the pieces, but "Never Assume that Someone in a Position of Authority is Smarter Than You". No Brag, Just Fact.

Think About it all, and get back to me. Again I am not bashing, just observing, and I have been at this for a Looooooooong time.


icon url

hedge_fun

03/07/10 2:08 PM

#30157 RE: properlynumb #30109

From my discussions....we have some serious buyers asking serious questions......follow up is occurring.....on the prospects side

SL1 can lead to a much bigger AU/Diamond biz.....imho

Get more infrastructure in place....more productivity will occur......on all fronts....
icon url

Crusader

03/07/10 11:03 PM

#30179 RE: properlynumb #30109

The EPA has its own marching orders:

http://www.thenewstribune.com/2010/03/03/1093210/epa-gives-bellingham-350000-grant.html

Congress is turning negative on CC due to its lack on money, even borrowed money. Meanwhile the EPA is "buying" the program to save the world. Who do you trust to be right? The stakes are high either way.