Do WE ALL feel this way??things have changed so dramatically for SGX since I originally boughtinto the company......they have doubled the share float with dilution,mostly to themselves as far as I can tell.....can't seem to figure outwhat
propertyshould be priority in my opinion...have been trenching Jacobus sinceDecember with grab and channel samples in the lab for nobody reallyknows how long except them......the insiders have bought quite a bitsince,and lined their pockets with options....can't even put out a NRin a timely manner according to their own description of "timelymanner".....hid crappy Jacobus results by putting them on websiteinstead of including them in a previous NR with results from otherprojects that were due later than the Jacobus results,this was thewriting on the wall to me,but i chose to ignore it.......i believe SGXwill prove the GM extension at some point don't get me wrong aboutthat.....but by allowing the SP to be destroyed in the meantime,by notupdating us the shareholders with regular news,i believe is kind ofcriminal in itself.....At this point,even if they were to begin torelease great news regularly,the SP has drifted so low(with no end insight) that the resistance is crazy at every penny level.....SGX willneed another PP by years end when they are cash strapped to furtherdilute the share total to who knows how high..240-250 million....i waspumped up about the possibilities earlier with all the promisingproperties and location where SGX is...kinda held out hope,especiallyafter some of longbomb/ronnycash's excellent visuals(wish SGXmanagement could have done things similar to him with hisintelligence).....but sadly i wish to announce that I may also be aBAGHOLDER....see I never pumped this company,to dump it for a profit,Ihonestly believed that there was and could be profit with SGX......justnot as much as I thought originally.....if it ever sees 50-60 centsagain,thank your lucky stars,sell it and buy a better positionedcompany.....at least that is what I would do.......even if it was to be"taken out" by a major down the road,I wouldn't expect to see much morethan 60-80 cents a share if it ever comes to fruition.In my opinion,itwould likely be YAMANA who gets first crack at SGX,just because of theNigel factor.....In my opinion,after doing some DD,I believed Nigel wasa trustworthy man,and he may still be....but I believe he is wearingtoo many jackets with too many different companies and truly has lostfocus of what I invested in SGX for in the first place.Anyway,I stillhave a position that I hold in case something positive ever does happenwith this company,but my hopes have left for now,and I truly hope KXLhas the goods or I am fkd.GOCASH....