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mdb1

05/16/12 6:52 AM

#68211 RE: CancunCharlie #68210

Charlie, imo the only thing SGCP has done sort of right is the farming/agr. And that was more of a support role - not a goal.

They had a productive/growing/profitable gold concept in small open pit mining on Pampana North. But for some reason adopted the riverS dredging philosopy AWAY from the Pampana. To me inexplicable! Why?

Looks like SGCP has finally returned to the Pampana and come back to adopting a small open pit ops philosophy again. And hopefully dredging on the Pampana River basin as an exploratory tool.

Why did SGCP divert badly needed resources to the carbon credit program? Although the stock price jumped on it, imo it really made no sense to go that direction - although it had a chance of some success with World Bank funds. But imo those funds spent on CC should have gone into expanding farming.

Those missteps imo have caused the stock price from being $1+ to instead to be $.0002. The survival of SGCP depends on what happens in the next 12 months. Imo that is how serious the situation is for SGCP.