TSX:SGR.UN - Post by User
Comment by
marketmineron Nov 22, 2006 9:38am
245 Views
Post# 11727668
Fish eat fish
Fish eat fishSo if SGR is looking to get eaten it is always a mater of relative size...This is the problem for SGR at this time... how not to become on the menue for too small small a company.
A small company cannot afford to pay shareholders what Managment is saying is an acceptable value... lets say $6.00/ share.
Thus all of the similare size jrs are incapable of making SGR an aquisition without masively diluting themselves.
Thus sgr needs to attract a larger fish....
Without having 10 million oz and production in the 500Koz / yr we are not on the menue for the big fish.... big fish the great whites, eat fish, but they don't eat sardiens. Sometimes they eat licence plates, but thats just for show and they always end up regurgetating them. If they don't it kills them...
This leaves SGR with only a few canidates for consumption of our unpolished gem...so keeping information confidential only makes scence if you already have intrest and you don't want fivolous attention form those that cannot afford your lifestyle.
JMHO