RE:magacopper
Retiredgeo wrote: Whether you like the name or not you are a pumper. You are constantly telling people to buy more or to hold on. It does get annoying after a while.
Try talking about what you are doing with your money and why instead of what the readers should be doing with their money.
Well rediredgeo if you find my posts annoying you can put me on ignore. Doesn't hurt my feelings one bit. Lol You do seem to follow me around though so I'm thinking you may have a bit of a crush on me. Lol Perhaps you are just upset at the dismal performance of your Core Assets. Hang in there because it should bounce back. But I like ESK in the Golden Triangle much better myself.
I post on companies I believe will prove up mineral resources that should make profitable mines someday. I bought SGD at $1.60 and explained at that time how I thought it was a rare higher grade reduced intrusion related gold system that would perhaps be better than the famous Fort Knox deposit owned and operated by Kinross in Alaska. I still believe that SGD will prove up a deposit as good or better than Fort Knox. Perhaps much higher grade and much larger. Stay tuned because the best is yet to come in my opinion.
I posted lots on NFG soon after I originally bought my initial position at $2.80 a couple years ago now. I said it looked very similar to Fosterville and said it would turn out to be Fosterville on steroids because all of the high grade gold was near surface and not 800 meters plus deep like Fosterville. Everyone thought I was nuts than as well but I think they are slowly proving up exactly what I said and I'm pretty sure NFG is finding a lot more high grade gold near surface elsewhere along the Appleton Fault as they recently indicated a new discovery on Keats West.
I can't help it if guys buy in too high. I too have occasionally been caught with my pants down but that is the nature of high risk gold juniors. Nobody knows for sure what the market will do. I thought the latest drill results by SGD were excellent and had expected the stock to rise on the news but yet it took a 30% haircut. Perhaps the reason for the sell off was because hole 15 didn't carry the higher grades of hole 7. I don't know. Whatever the reason it is still a beauty of a gold deposit that should see SGD ultimately end up with a valuation of 3 to 5 times current levels. That is my honest opinion. I think both SGD and NFG will eventually be bought out at $10 plus. Who knows but perhaps much higher than that if the drill results continue to prove up millions of ounces of economic gold near surface. Sell your dogs and stick with the good quality ones. SGD at $3 is a gift. Just sayin.