RE: Solid Vs Shore Gold"Every day we wait and do nothing is a day we lose a chance of compounding our money." -quote by kmanisin.
I wasn't going to post again until the next NR, however the Kman's post invited comment, so here goes.
First of all Kman, congratulations to you on your SGF transaction. By my calculations, based on your numbers (200,000 sold at $6.68)you are a newly minted millionaire!!! I am also a holder of SGF and KRT, but not in those numbers at all, so good for you. My reason for posting is twofold, the first to simply comment that your quote above, seems to sound desperate! For a new millionaire courtesy of SGF, why the panic on SRW? Granted, you didn't quote the number of SRW shares you hold or your acb, so perhaps you face huge paper losses to date. If so, then your quote is reasonable.
Secondly, I agree wholeheartedly with you about Shore Gold's total focus on the task at hand. They were dwarfed by a giant JV next door, which includes DeBeers, and were mocked, but they focused on what had to be done, they not only drilled, they sunk a shaft and explored the Star kimberlite and came up with very encouraging #'s while the JV next door still plays around with drilling here and there, killing years with no great advancement(a typical DeBeers operation). Now we look at the similarities between SRW & SGF, and what do we see? NOTHING. There are no similarities. We(SRW) remain unfocussed, poorly financed to date(subject to any efforts to be announced shortly), and drifting in a sea of confusion and uncertainty. The sad part is, that the D-P property has excellent potential, if only we would direct all of our energies in delineating its resources. I'm going back into my little cave again and will sleep until the next news release comes out. See you all then!