Any Intelligent People Out There Can we hear some info from people who are basing their opinions on facts and expertise.
I think there is some money to be made trading this stock, somebody is buying, it takes two to make a trade.
If we get some smart people to make their guesses, maybe we can all make money.
My "opinion" is that either SGR will be bought out, or Wynn and his investors might just take it private.
Because there is money to be made with this mine with proper management. Even the large producers have lost SP because of poor management. They were digging holes for the future, while the investors wanted production now. SG would be a $3.00 stock had they paid attention to production and consistently met or exceeded forecasts and increased production each year. Tthere are lots of mines that produce less than SGR, but have a higher SP, there are companies who haven't even dug one hole that have a higher SP. It is not how many ounces you produce, but how you steadily increase production, while keeping a lid on costs. Exceed customer expectations, Retail 101 !
Any more "opinions" to help me trade this. Please, no more name calling. Who cares who is right or wrong. I am looking for real insight.
Thanks for your thoughts.