Sagres Energy Inc V.SGI

April 5800k production rate, at gold A$2950, equates to A$15

[PulpCutter]

million in additional revenue, Q2 over Q1.

Q1 production 14.4k ounces. April production 5.8k, on the strength of a LARGE increase in pre-drilled stope inventory, in Plutonic UG.  At the April rate, Q2 produced 17.4k ounces, 3K more than Q1.

"Importantly, drilled stocks increased by approximately five-fold to 95,466t compared to the end of Q4 2022."

https://ceo.ca/@newswire/superior-gold-reports-first-quarter-2023-results

[tannin]

Yup, read it. PulpCutter, it's over for me.....sgi management destroyed the company last year....their decisions, their stupidity......I don't care what they do now, too late....last year, what was that all about ? They destroy your investment last year, but you've decided to give them another chance ? Wtf ! Btw, last year was the third total fucl up in, what, 8 years. They are idiots,

[ppp]

The chart and the negative working capital are enough to show one how to vote. Management has no regard for its share holders. I would think that they would have gave us production numbers for May to be transparent. Time to hjitch the team to a different wagon.

[DANNY2503]

I'm guessing this is just like the January announcement that SGI put out then crickets after that, until the dismal quarterly, they put out WITHOUT AIC that came in a month late.  The ship is sinking and sinking fast. Let's hope as a CYL SH the NO vote gets up and then we actually get SGI from the administrators. Will take a lot longer but we are busy enough with the Gold rich