TSX:SGR.UN - Post by User
Post by
marketmineron Dec 09, 2006 11:04pm
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Post# 11838943
Debenture launched Oct 11th
Debenture launched Oct 11thI think these only have 60 days to be filled... 60 days is up on Monday.
Also I don't see any reference to any employment grants in the financial... Maybe something in the works????
I still think the objective is to slide through this year as far as production goes. Only 3 weeks left now anyway. This way they write off 2006 as an exploration and development year.. Nothing they can do now will overcome the development expences for 2006. The gold in the system being the juice for a robust 2007.....JMHO
I would exit on a positive note:
Debenture substanually filled,
resources doubled....and more resource additions on their way.....
another mine to be started...
and production bump in the first quarter.
There is obviously a delay from gold recovered by the mill.... to cash in the bank. If they hold off now, the production to cash payment circuit will be fully primed.