TSX:SGR.UN - Post by User
Post by
daytona2on Jan 20, 2007 9:48am
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Post# 12056325
gold
goldI have never posted,but have had this stock since 50 cents.
I heard a couple things that may or may not be true. Maybe someone could ask this at the vr gold show.
1. the first pour of gold didn,t look very good and possibly could have had alot of other minerals in it. Maybe that is why it was never sold. I don't know and i hope this is not true. If you go to auq news release on first pour they tell you how many ounces and % of gold content. they have also sold into the open market.
2. a friend @ a major gold company heard it was costing san $1000 a
ounce to produce. Maybe start up costs are more who knows.
3.everyone wants to know where all the drill results are? I asked this to a guy in the know and he said quite plain and simple,if you
drill a whole and there is nothing of signifigance why report it.
4. I don't think things are as rosy as we would like to see,but then maybe things will change. I have alot to gain should they get better and hate the share price @1.15.
I also heard they are meeting with ir people this weekend, which tells me that there is not a takeover in the works. If i was going to be taken over I sure wouldn't be worried about hiring an ir team.
food for thought(not bashing just concerned about my investment)