TSX:SGR.UN - Post by User
Comment by
marketmineron Aug 26, 2007 4:52pm
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Post# 13302863
RE: Dale Ginn on radio Re BBC
RE: Dale Ginn on radio Re BBC"Unless the 'rumour' of a takeover stirs the pot, what will drive the SP until the production numbers, and hence CF, catch up to where they should be? "
In a word... an "Event"
Many thngs drive a market...
They include robust exploration that stirs investor intrest. investors must be able to understand what is being developed and how the exploration will intigate with the current development. SGR still has some work to do there.
or:
Production that is quantified and show profitability or quantitative moves toward profitability... IE... increased production numbers and consistant costs.... Ore processed and oz poured with associated costs... To date there is insufficent data in the financial.
or:
An event... IE takeover, amalgamation to achieve critical mass, joint venture with a major without giving away the farm, or special addition to the managment ... Like a McEwan ( The carpetbager)
I suggested some time ago they seek out such an individual ... I recomended they approach Jim Sinclare, TNX. He would be a definite asset and would bring a lot of intrest to SGR without the dillutive sell out some others have had. In a word, "integrity"