IMO the only disappointing part, was not elaborating on the stash of concentrate.
Its seems to me this is a pivital factor which NEEDS to be expanded on.
The 105 ozs should fetch about $150,000, that alone without ANY
diamonds COULD represent a profit. At 6ozs per ton of concentrate, 20 tons would more than double acuall gold numbers, and definatly put us in the profit zone.
There are 2 reasons I feel this needs to be made known, hopfully in the upcoming PR.
It has been suggested (not promissed) this will be a profitable season. We all know the season is far from over, yet if it could be at least inferred that we have already succeded early in the season to show a profit, even a small one, this would be a big plus for us.
My reasoning being, on paper,these ozs from conc. will be lumped in with Q2 figures. So with them waiting as long as possible to post Q2 figures, a real profit will not be officially posted untill at pinksheets untill the end of sept.
For most of us that know this process, there may be no worry. But there are lots of investors that will not jump in before.
I am going to try to express this to John today. I am not trying to hog the spotlight, but I hope by letting others know, it may ease the number of calls John may have to deal with.
GO SGCP< LONG AND SRTONG
Colts
News 
Market Data 
Discover 
AI
