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News Focus
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mdb1

03/20/11 10:43 AM

#50831 RE: properlynumb #50829

PN, whether SGCP recovers 2000 oz of gold isn't going to change any of the life expectancy rate numbers or for that matter if they recovered 0 oz of gold. However it will affect the shareholders greatly.

The truth is we do not know whether it is 50 oz or 2000 oz. Let's have some balance because we don't know - that is the fact (since that seems to be a popular phrase on this board). The fact is we don't know, except they are still staying alive by selling the rest of the 2 billion shares.

The wars in many African nations is tragic, but also the unbelievable ravages from HIV/AIDs and malaria.

It's good that SGCP with Paramount Chiefs want a better quality of life for Sierra Leone.
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dupedbysteve

03/20/11 1:22 PM

#50838 RE: properlynumb #50829

I don't see the export market for farm produce viable outside of SL, so what makes investors believe it is going to pay off to investors in sgcp to sell the product to a poor SL indigeonous population dilluted by billions of sgcp shares? much more likely is that investos will not be able to seize and sell the farms after bankruptcy. i suppose it will be a good life for the owners of sgcp to be landowners off investor funds.