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$UPERMAN

05/18/11 1:51 PM

#56395 RE: ttmasher #56389

The selling of "SHARES" is "DILUTION"!

Thats your take, i support SGCP so you may be on your own wit dat thought.

Go SGCP!!!!

phreshmeat

05/18/11 1:54 PM

#56396 RE: ttmasher #56389

The selling of shares is a good thing!!!

The selling of "SHARES" is "DILUTION"


again this is just your opinion

the cork

05/18/11 2:03 PM

#56397 RE: ttmasher #56389

I don't think so.

Two weeks ago, the PPS was around .18

Since then, gold has endured a number of take downs dropping over a hundred bucks per ounce.

SGCP has bounced around between 16 and 18 during this same period.

I don't see the massive dilution suggested at all.

The volume doesn't support that theory and neither does the PPS.

A certain loss of interest in miners is to be expected when the price of gold drops. Sort of a cause and effect thing.

There may have been operational monies raised during this period, but that seems preferable to letting the dredges sit idle (for lack of the 60 gallons of fuel per day) for three days until the next gold sale or whatever.

Keep in mind that any reported sales are a always month behind.

A drop in PPS from 18 to 17 (or even 16) doesn't suggest a massive sale of shares, or a precipitous drop. It's just a natural consequence of other things that are going on in the market.

sagan

05/18/11 2:47 PM

#56400 RE: ttmasher #56389

Did you mention something about dilution?

dupedbysteve

05/18/11 2:58 PM

#56403 RE: ttmasher #56389

The only "Good" dilution is a stock split that gives more shares to shareholders,,, and i don't think when we hear SGCP announce a stock split it will be that kind of split.