Timing Timing TimingMaybe SGF management has not been the best at keeping timelines and I am not here to make excuses for them but I think yhey have had the misfortune of bad timing as well. I think to the point where a lot of investors or posters or whoever tend at least right now turn a blind eye to the facts.
I think I may have touched on this topic once before but back when the resource sector was hot it would only take a press release by a Company to announce that they will begin drilling in a certain area for gold, silver whatever and if there was a property within 100 miles that was already producing it would have sent a 10 cent stock to 60 70 cents maybe even a buck.
Here we have a case where the prospecting was good enough to turn to drilling which was good enough to warrent more drilling was was also good enough to prove up a multi billion dollar resource . Then w
theres the case of all of the hoops that you have to jump through between First Nations, EIS, Feasabilty Studys and on and on and on
So I say again can you imagine if a resource Company put out an PP to raise money for a POTIENTAL PROGECT did people hear me POTIENTAL PROJECT which most progects are but they added a OH BY THE WAY we wil guarentee that we will strike a multi Billion Dollar Diamond Deposit in Canada not Africa or South America or Mexico but here in safe Canada without any Political worries in an area that already has roads and power that accessable pretty much 52 weeks a year. Oh yeah did I mention were only maybe a few months away from a fully permitted project which can sometimes take years.
Its almost as if we were playing roulette and everybody is placing there big bets with lots of money before the ball is dropped into the wheel. But in our case the dealer has told us in advance the the winning number will not be black which increases are odds by 50 % and us gamblers decide not to place our bet on this roll.