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Bullboard - Stock Discussion Forum SGX Resources Inc V.SXR

"SGX Resources Inc is a Canadian company which is engaged in acquiring, exploring, and developing mineral properties in the Timmins region of Ontario, Canada. The company holds an interest in Timmins South properties, Timmins North properties, and other properties."

TSXV:SXR - Post Discussion

SGX Resources Inc > Stock price regress disturbing
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Post by TedOwens on May 16, 2014 1:05pm

Stock price regress disturbing

At the rate that SGX stock is regressing over time brings with it a clear sense of money and operational capacity lack to move things forward in any meaningful way. In todays market small ore bodies are all but impossible to develop and given the small stature of resource development platforms in place brings with it a flat line year and imminent low share prices.
Comment by Rajaking on May 16, 2014 10:55pm
You are absolutely right....but if more juniors would have the balls to take chances and spend money more wisely it could work (smaller resource operations)....and i would like to see more joint ventures created...the risk is there but the rewards can be there also....
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