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awhitefish

05/02/11 10:16 AM

#55160 RE: CancunCharlie #55157

Getting nervous ... again?

the cork

05/02/11 10:21 AM

#55166 RE: CancunCharlie #55157

The announcement of a business relationship isn't in and of itself gonna necessarily move the needle, CCharlie.

Shareholders know that it breathes some vitality back into the SGCP carbon credit project, but it's still the forward sale of actual carbon credits that is gonna be significant for us.

Carbon Credits represent another potential revenue stream for SGCP.

This relationship brings some new found prominence to the project and increases the probability for success, but it remains a wild card in the current world economic environment.

As for BICS, I think they are a new public company and may not have market makers actively making a market for them yet. That's my take on it.

mdb1

05/02/11 10:32 AM

#55173 RE: CancunCharlie #55157

Cancun, "a fire"? The news from the FR is they moved 3 dredges.

The CC events essentially the same "we hired a consultant"/consultant firm to complete CC doucuments.

The farming expansion plans are not new.

Having said this, I think most investors will see the move of the 2 dredges to Zimmi as GOOD news. The company has pretty much indicated that they found gold in the "pay gravel" at 2 sites. And probably the Zimmi site is rich in gold (but that is conjecture).

The company provided no ounces recovered from any of the site. When the company reports, hope they breakdown gold/diamond recoveries by site. Other precious metal mining companies do this.

Imo we need ounces recovered from both Bo and Zimmi sites.