One can only wonder how the Moore report has been so completely ignored after that one day shot to 19 cents... can you imagine what will happen when the market figures out that SUGO has an estimated 2 Million ounces of Gold, as determined by BHP experts after drilling significant bore holes... this sort of information is priceless and totally ignored as just a guess...
But it was the thinking of experts looking at the property... How far off could they be? What if there is really 5 Million ounces? What if only 1 million ounces...?
When Newmont drilled some holes in a very limited area, they developed an estimate of 200,000 ounces, and the zone they looked at was tiny compared to BHP... Anyone that looks at the 87 page Moore report and studies the charts attached would see what I am talking about... every one is a skeptic... its just a pink sheet prospect... they never pan out... or do they... it looks to me like CM holds a virtual treasure waiting to be found...
This forgotten property was picked up by luck when gold was falling and the financial crisis was upon us... no one figured that the solution to the financial crisis was to inflate the value of gold ...
The Dollar cannot withstand the beating they are giving it... there is going to be a dramatic change in world currency... when the new order comes, it is going to incorporate gold in the currency... a modified gold standard is coming... it is very possible that Gold may hit $5000/oz in the next few years...
What would that do to little old SUGO...lol
Buy and hold... dont sell anything till you see the whites of their eyes...If you have read my posts, I have laid it out cold for you... everyone one here should have some gold holdings, and SUGO is speculative, but has more leverage than just about any other known gold play that exists... 5 cents here can hit $5... what a complete valuation disconnect SUGO presents for those who are awake...slap me, I must be dreaming...
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