Replies to post #50493 on Sustainable Green Team Ltd. (SGTM)

[b4atf]

"Placer deposits have been exploited by man since early historic time and have remained an important source of gold on the world market into the 21st Century.
Placer deposits have yielded over 60% of the world's gold production."
J. Semachko 10/10 FR
b4

[tmob]

If SGCP announces 500oz of gold then they would still be on track to be profitable. We would only be half way through the mining season with diamond and agriculture to count. Of course each investor should do their own DD and make their own decision. IMO it's gonna be a good year!

[grawsha]

Again, sagan, even if SGCP manages to extract 400oz/month, that's more than enough to generate some $3million for the season from gold. Add another $2million from diamonds, and you have EPS of .003/share. Enough to send PPS to a penny/share and more.

[CancunCharlie]

Sagan, YES I would be surprised and disappointed if the production numbers come in at under 500 oz. It would be hard for me to understand how that could happen. If it did then I would reflect on my long term dream for this company and know that we’ll still get there. If not this month, or even this year, then soon afterwards.

I think we’ll get there THIS YEAR and my PPS projection is $0.022 (just to stick with my 2 theme). We’ll get there by May THIS YEAR, IMO

Charlie

[the cork]

Interesting thought sagan. I wouldn't see any reason to be unduly worried about it if we came in at under 1000 ounces in the first production
report, but I don't think that will be an issue.

It is just that, the first production report of the year.

Conditions will continue to improve as we get deeper into the dry season.

John gave a conservative estimate of between 3,000 and 4,000 ounces for this mining season in the October 26 2010 Field Report.

I personally think they are gonna do better than that, but that is the estimate management came up with. Everything else is just superimposed hopes
and expectations. I still think they are gonna exceed the conservative estimate in the Field Report.

It's highly probable that the best recoveries are gonna happen relatively late in the season when the rivers at optimal conditions.

That's not making an excuse for anything, that's just a fact of life.

I think if they hit John's estimated numbers there is nothing to "hold management accountable" for. We'll have to see of course.

There seems to be a real fascination for that concept.

Be interesting if it worked both ways and shareholders were held accountable for their actions.

There have been some real doozies (not you) now and over the years.