TSX:SGR.UN - Post by User
Post by
doeyebuyon Jun 19, 2012 6:17pm
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Post# 20031902
sgr history
sgr history with reading the recent posts and having owned shares in this company and followed it closely for a few years i wonder if some could comment on the fact that it seems this companies management is more interested in drilling ( as i understand management but not the share holders make a profit from all the drilling), the share price has been going down regardless of gold price, for example this company sp went from $4.00+ down to now a dollar and in that time gold has gone from $1200-$1600+ an once. My question is, is it possible they (management) know that the can not mine the gold and make a profit that way so they just keep milking this all the way down by drilling an dilluting, i'm not the most experienced investor and i don't have alot of money tied up here but just can't understand how or why we are still employing this managment, I even remember a time when they released good drill results and the stock went down, while most others similer companies were neutral or slightly up on no news, is thier any accountability here? at what point do we seek a new leader? to a simplton like me it seems pretty straight forward in that if they release information showing they can be profitable then the share price will go up, but it seems they would just rather spend money rather than make it......sorry i'm just frustrated