TSX:SGR.UN - Post by User
Comment by
hydra100on Dec 16, 2010 12:51pm
336 Views
Post# 17856760
RE: RE: Pirie
RE: RE: PirieShare price took off because
Dale got the boot!
Now reality has set in and new guy cannot correct the mess that Dale made overnight.
Down goes the stock price probally to where it was before announcement.
Drilling news in next few days, certainly before xmas.
$1700 - 1800 an ounce will not move share price upward and only adds to inferred amount.
Last two financials have shown tremendous damage Dale has done and tried to hide.
Paying through the nose because of it.
Why was the new guy brought in?
Cause Dale had to go before the company went.
What does new guy bring to table?
Great ability to raise money!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
Do you get why now????????????????????
Dale's rep destroyed by his scheming to make investors believe SGR profitable when they are not.
Telling investors record production when he sold at a loss.
This backfired on him as investors say through him.
This effected his ability to raise cash in future.
Literally got the "golden boot" and new guy brought in.
Because he has the ability to raise money. Just as he did for BWR and then left.
For this reason and this reason only he is the new ceo.