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Sagres Energy Inc V.SGI



TSXV:SGI - Post by User

Comment by DANNY2503on Jun 07, 2023 4:37pm
118 Views
Post# 35485221

RE:RE:RE:RE:RE:greywoulf

RE:RE:RE:RE:RE:greywoulf

It's good to see your investment decisions are based on figures from 2 years ago. 

I have some land for sale going cheap, 2 years ago it wasn't flooded. But it is now useless swamp.

I have a car for sale 2 years ago it only had 10k miles on it. Now it has 100k miles on it.

I have a company for sale 2 years ago it made money, but in the last 2 years it has lost millions and is now in debt for $15M on one loan and many millions more to other creditors.

So stop with the graph you have posted 200 times everywhere, it means nothing today, it was 2 years ago, the company made some very poor decisions since then and has sent it backwards at a great rate of knots. The last 2 quarters especicially and this one coming have been disastrous for SGI.


I'm not desperate at all mate, CYL will just wait for the administrators to take over SGI and then just purchase the assets from them.
CYL will just go back to doing their normal business, if any money is needed, they don't need to go begging or take out the worst loans possible like SGI do as they are high risk. CYL have many backers that throw money at them left right and centre, including the retail holders. That's what you don't get, if No vote gets up CYL will just keep doing what they have been doing before this debacle. And as I've mentioned before, let the No get up and then let's buy SGI from the administrators for pennys on the dollar, the ones that will lose will be the retail holders like yourself.  


GLTAH
DYOR

 

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