Gold prices are getting hammered again today Peter Grandich failed to mention that the SGC fast track game plan is dependent on gold prices. High gold prices could allow SGC to mine the high grade gold caps on their project in Eritrea. The problem with this strategy is gold prices continue dropping lower. According to the most recent press release the company doesn't expect to receive a mining license until around the first quarter of 2015. Plus management still needs to figure out a way to obtain the $400+ million required to finance the project. I think SGC could see a new 52 week low as this fiasco continues to linger on for several months. Smart money is slowly dumping their positions in SGC to avoid losing their shirts. SGC shareholders could see HEAVY DILUTION in the coming months. There's been very little insider ownership on SGC. Which is a very bad sign for shareholders.