Thank you MR Grandichwhat a wake up gift!
As i have said over and over he is a stand up man, first class, did his job.He is now somewhat out of the loop yet he did confirm EVERYTHING I HAVE BEEN SAYING HERE FOR MONTHS
1) I have not sold any shares in 2014. Like you, I’ve watched our shares erode to a price just a few pennies from its all-time low. While general market conditions have not been favorable, I believe the vast majority of reasons lie at the feet of SGC management.
dybid comment-yes management did flounder holding out for more but that is past this is now. they have executed much more than then,
Despite the share price just a few pennies from an all-time low, there’s still no real sign that SGC management has shown they believe in their company as we do and bought a significant number of shares at what I’m certain they would state is an extremely low valuation. Given what we know they are compensated, to not have any real skin in the game at these levels is yet another uncomfortable fact about the company.
dybid comment-there are reasons they do not have more "skin in the game" it will all come out at the right moment.again thanks for confirming this is a low valuation and a great entry point MR Grandich
I’ve put that behind me (as difficult as that is) and feel we shareholders must unite and tell SGC management to “actively” pursue a merger with a quality company
dybid comment-will this boards resident bashers ever support their company.. pursue a merger? what have i been writing about? lets see who MR G thinks it should be shall wee?
the ideal merger in my book is with Nevsun Resources. Given their capital structure, purchasing SGC shares with their shares at no more than a 100% premium from SGC current price seems like a win-win for them. I know the company has stated it wishes to divest out of Eritrea but of all the possible merger candidates, NSU is clearly #1 in my book. Other large shareholders agreed and I think there’s far more upside for NSU to double or triple from here than SGC.
dybid comment- how about that?!! nevsun you say! Uh excuse me Peter, what price was that?
oh there i see it 30 cents plus. what have we learn today, that doyoubelieve is not the shill pumper the majority try to make me out to be.
NOW PAY ATTENTION AND YOU WILL LEARN EVEN MORE
one other thing, parksam for what it means i owe you a apology.if you do not accept i understand