DEAD MONEY ROI?? NEGATIVE STRONG SELL/AVOIDSGF is DEAD MONEY - Poor Investment which will provide Negative ROI - Negative return
This project is a PIPE DREAM, at one time, early on, prior to 2008, it was a good investment during the GO GO days but since then its a POOOOOR Investment - POOR RETURNS for an investor,
SGF needs $2 BILLION to bring into production based on their studies - Always over runs. Economics don't justify and investment. The $$$$$ is not there and the MKTS SGF has Zero chance in raising the funds, perhaps sell more shares and drop the price to 1 cent, share holders will see major major dilution
Seniors are restructing - selling off advanced stage and producing mines. At one time SGF, according to rumors, could have sold out but the price was not to their liking, once again rumors.
Ken continues racking in his salary and paying his expenses. Ken and the board should go, except for George Reed, SGF should restructure bring in a no nonse team.
Newmont has tried to sell thei portion but, no takers.
SGF is a STRONG SELL or AVOID.
All the above in my humble opinion based on Commodity and Financial MKTS and observations over the years and as a prior investor in SGF early on.