Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Sagres Energy Inc V.SGI



TSXV:SGI - Post by User

Comment by PulpCutteron Jun 06, 2023 10:17pm
140 Views
Post# 35483616

RE:RE:RE:RE:greywoulf

RE:RE:RE:RE:greywoulf

@DANNY

Your nervousness is getting a bit extreme, here.  Maybe take a breath? LMAO  

SGI made fat bucks for six quarters going in to Q4 2021, paying off all debt and building up a US $24 million cash balance.  At A$3000/zo gold there is nothing stopping competent management from getting Plutonic right back on it's feet. 

User image

Failing that, SGI is still worth far more, even in bankruptcy, than it's $20 million market cap. E.g., the mining fleet alone is worth $50 million (that's CYL's figure) and in this market is easily saleable and transportable.  Then you have mine, mill, airstrip, living quarters, plus the substantial court costs due SGI from CYL.
 

 

<< Previous
Bullboard Posts
Next >>