Replies to post #337 on Sutter Gold Mining Inc (SGM)

[NYBob]

Sutter Gold Mining Inc. SGMNF --- thank you for symbol -

mick, the SGMNF board were we used chatter on -
to forum Sutter
is gone! Ihub wiped it out?

Sutter Gold Enhances Senior Management and Begins Building Production and Development Team for the Lincoln Mine Project

http://www.suttergoldmining.com/s/NewsReleases.asp?ReportID=467592&_Type=News-Releases&_Title=Sutter-Gold-Enhances-Senior-Management-and-Begins-Building-Production-and-D...

http://www.suttergoldmining.com/s/California.asp#Lincoln

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=65658522

Gold Seen as Less Risky Currency, Return to Gold Standard
Advocated in Print and Video

http://www.marketoracle.co.uk/Article29500.html

[cdma01]

Mick,

I do hope you read the preliminary economic study which shows a NPV of 8 cents a share. If not, I strongly suggest you do.

The only hope of a higher share price depends on executing on the plan without failure, to recover the investment AND to find a lot more gold as they don't have much of it right now.

With only 53,000 ozs or so, if won't go far.

As well, if I read correctly, they have 70% of the 20mm funded, which means they have to raise $6,000,000.

With the stock price consistenly around 20 cents it will not be easy going.

Good luck and good reading !

[NYBob]

mick the US symbol is Sutter Gold Mining Inc. SGMNF - -- thank you

Hathaway – Institutional & Sovereign Buys to Cause Gold Spike -
Jul 28th, 2011 15:10 by News
July 28 (King World News) —

When asked about gold Hathaway remarked, “Basically you have
a very orderly rate of increase.
If you go back to 1979 gold doubled in a single year,
well it hasn’t doubled in any year in the last ten years.
So as this move is ending it’s conceivable to me that you
are going to see a doubling of the gold price from some
higher level, but I feel very good about the sustainability
of the current action in the gold price.

Gold is up (roughly)13% year to date, if you tack on another 10%
in the second half that is not unsustainable in terms of the
macro picture that I see.
What’s going to drive it (gold) crazy is when institutional
buying starts to take place, and we really haven’t seen that
(accelerated) sovereign wealth and (accelerated) central bank
buying.
That still lies out there and that’s the fuel that’s going to
get the gold price up to numbers that I’m almost afraid to
mention on air or in print.”



e.g.,
Sutter's Gold Mines All To Be Re-Started To Get US
Dollar Back On Right Track -

Investors Betting Millions On Sierra Gold Mine -

http://news.yahoo.com/blogs/san-francisco-bay-guardian/investors-betting-millions-sierra-gold-mine-150920450.html

this one glitters

mick thanks for the good chart



Sutter's old rich Gold Mines -

all glitters Real Gold - The Real Money

http://www.suttergoldmining.com/t/Photos.asp

http://investorshub.advfn.com/boards/board.aspx?board_id=6350


God Bless

[NYBob]

The SGMNF/SGM pop was impressive regardless and to me it presages much higher prices :-) -

history often repeat itself -

last time 100,000 gold diggers from Europe came -
to the Mother GOLD Lode of California -
anyone can still get in on a bargain fiat$ its a Golden play -

http://www.suttergoldmining.com/i/pdf/SGM_PDAC_2012_web.pdf





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