McMaruso???I don't really understand why you are so happy and excited about this share price dropping McMaruso? Maybe you care to explain? The truth is, I only get that way when I am making money on a stock, and not sitting on the sidelines, like you.
But if your excitement is because of a personal thing, aimed against me, then McMaruso you would be wrong again, for the umpteenth time. On the day I posted "The Delay is", I was already in the midst of selling my oodles of "Free Warrants".
My reason was, and still are today, on my dissatisfaction of this management's performance. My stock ownership, on this Bull Board, has long been recorded as selling them a long time ago, when we reached our high, and for the same reason.
I don't complain though, as this stock has been good to me, and I have made a lot of money from it. But I certainly don't find joy in other peoples misfortune on this stock, like you do McMaruso?
The "Story Line" sounds great, and the potential sounds even greater. So I feel sad and sorry as I see many people losing on a true multi-million ounce gold mine, which is going down the tubes, only because of mismanagement.
This hasn't stopped me from placing a huge order in for this companies share. But not at this price. I figure their is a price that even the big guys won't let it go under.
They were all in for a Buck, at one time, but with all these new shares issued and sold, and with all those free warrants, they probably stand at C$0.50 and licking their chops all the way to the bank. And we all thought that having so much "Institutional Ownership" was to our advantage? Ha!Ha!Ha!
I have made no secret that I am very displeased with this management, and how they have handled "Gold Ridge". Late on "EVERYTHING"! Wrong on their estimates about "EVERYTHING"! It also even seems to me that they have gone way out of their way to screw up "EVERYTHING'! And I make no apology for what I say, nor a justification, as this present stock price speaks for itself. But do I still have an interest in SGA? Very much so! But it doesn't help me if nobody else does, now does it?
I will buy back in, but what will be at a much lower price, or not at all, based on the fundamentals of this mine only. I believe that at this lower price, they become a target for a C$1.10 to C$1.20 takeover bid. Sino will also own 20%, and will soon be in the picture. So that at least has got to be worth something.
But until then, I rest my case with SGA.
GB