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the cork

03/11/11 7:00 PM

#50248 RE: sagan #50247

That's what I'd like to see too.
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grawsha

03/12/11 7:03 AM

#50250 RE: sagan #50247

Even if the company manages to produce 200 ounces of gold/month, along with diamonds, it should be a profitable season with more than $2million in net income, or .001/share. That's enough to easily put the PPS at a penny/share by May. Of course, not counting the HUGE potential from corn/rice farming, which could generate massive profit by Nov. Farming season starts at the end of the mining season, May-Nov.
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speculator777

03/12/11 8:13 AM

#50251 RE: sagan #50247

Sagan, I agree with much of what you had said, but the wildcard is the geologist. I think we will possibly double production numbers per dredge this year because of his work.


Ex. If there are two fisherman, one on the lake bank sitting on a chair casts and waits. The other is on a boat, and is using fish finding and structural electronics to help him fish. Who do you think is going to catch more fish?

Now I completely feel that to use a hand grab sample and to try and extrapolate seasonal totals is just irresponsible. Its too small of a sample. But the geologists work will help some.
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properlynumb

03/12/11 9:16 AM

#50253 RE: sagan #50247

Did you read your posted numbers?
One dredge working last year, I believe 3 months, produced 200 ounces.
Five dredges this year......Geeze, that's a without diamonds.
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You go ahead and be sceptable.
But there is a reason you invested in the future of SGCP:
'Cause you can sit on your ass and make a pile of money.
Hahahahahahahahahahahahahahaha
Spunge Bob Squarepants/numb