Replies to post #44264 on Sustainable Green Team Ltd. (SGTM)

[the cork]

Could be kenjays' we'll have to see what happens.

Personally, I'd rather they bought more dredges than buy back shares.

Tactically speaking, acquiring more dredges is an offensive move, where as a share buy back is a defensive move.

More victories are won on offensive than defense!

[colts3838]

I did a little figuring too.

Q4 would be too late IMO. Say we are at .05 spending 5 mil will ownly reduce by 100,000,000. I just dont feel at that point it would do a whole lot for S/P.

Im no expert, but then it cant be claimed as income.

5 mil. as income is .003 P/S witch time 15 equalls .045 extra value.

All numbers would be dif most likley but maybe you get my point anyway.

Colts

[small time investor]

I could be wrong but I don't believe that is a high priority. John put me under the distinct impression that ploughing profits back into the company to purchase more mining equipment is. He mentioned a goal of at least a 100% increase in the number of dredges in the river next mining season. I agree wholeheartedly with that business decision since it will reap the benefit of at least a hundred % increase in the production of gold & diamonds!