TSX:SGR.UN - Post by User
Post by
marketmineron Oct 06, 2006 1:17pm
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Post# 11472833
I disagree....
I disagree....Managment has been doing a lot to inform new investors for years... every gold show they are there.... they make the rounds to brokers... they comission these reports, they have advertised on ROB tv, and they have done numerous radio spots... so you can't say they haven't tried to make SGR a houshold name.
I was/ am disapointed with the lack of detail only, on the website.... a problem which will be adressed.... when they are ready... The cross sections/ and drill grids will be part of the 43 101 and those will be made available , I'm told from the report, on the website.
The downturn of gold is what has stalled the SGR share price... and nothing more... In fact is SGR has held up very well through this consolidation. Doing a media blitz would be a waist of time untill the market conditions recover.
The drill results on the other hand have continued to show continuety and have been released throughout the downturn... this is what has held investor confidence and confirmed the hold of those in the stock... The volume has dried up for the most part and the share price has remained firm.....As I mentioned before... confidence to hold, but more info required to buy..... That was what spawed some buying yesterday... good drill results. The next financial should also clear up some questions on gold produced and costs.
The big picture is coming together, that takes time, and a lot of effort...... It is effortless to buy or own a stock, it requires a lot more time and effort to build a gold producer and find and develop resources....
I think its time we gave managment some time to follow through with their plans and stop lighting fires in investors eyes.