stock priceWell it would seem $1300 gold isn't enough to attract investors to SGN. Not sure $1500 or $2000 gold will be enough either. Rumour has it the company will begin production in late 2010 or early 2011 but I guess that is the best kept secret going. I read in one of their earlier releases they were paying some guy $10,000/month for marketing advice or services. Now if that isn't the biggest waste of money given where we are today. Anyways it is no surprise investors are dumping this stock for other alternatives.
I know the funds love management because of their previous history of building mines but I don't believe they can be happy with the stock price at this level.
All in all pretty sad, actually pathetic given the excitement in the precious metal markets.
Bahamas19