SIH 0.00% 0.2¢ sihayo gold limited

re: Ann: High Grage Gold Intersected at Sihay... FACT SIH...

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    re: Ann: High Grage Gold Intersected at Sihay... FACT SIH announced a positive scopying study not a PFS in NOV 08, the scopying study was agaisnt a US$800 Gold price VS US $1100 Gold price now.

    FACT SIH is in the middle of completing there DFS which if successful will upgrade there Inferred resource to Indicated from Inferred & move the company to a future producer.

    FACT ATNAM agreement has been there from day 1 & if SIH do go into production FACT is ANTAM have to repay 25% off all costs through production, so if $100mil has been spent by SIH to get into production say over the past 7 years then $25mil will be repayed through ANTAMS production earnings.

    FACT management have clearly pointed out there intentions to prove up the current resource first & then move the rigs to exploration targets outside the resource immediately after infil is finished, previous management never had the dollars backing to aggresively drill SIHAYO & surounding areas.

    FACT SIH is clearly undervalued vs other Indonesian explorers such as ARX who has the same market cap as SIH but has no resource & has only just began drilling

    FACT SIH is financially stable & has enough money in bank to aggresively continue operations for some time.

    FACT resource upgrade is due around May/June as only Infil drilling is taking place there may not be a major move in resource until the rigs are moved outside the resource, but current infil drilling will strengthen the 1.01mil oz Inferred to a higher category.

    FACT yesterdays high grade infil gold hits within the resource "highlighted the potential for a high gold grade core to occur within the southern portion of the resource"

    FACT rigs will be moved outside the resource to explore Old Camp, Sihayo 1 and Sihayo 2 prospects late April to begin drilling, which is where SIH will be able to attempt to upgrade the resource significantly if any major hits are discoverd.

    FACT only reason why SIH is 6cents & not .10+ is because management have failed to go out & attract broker/insto support, if this is achieved then SIH will rerate appropriately.

    FACT you do not hold SIH & anyone rading your posts have to wonder why you spend so much time posting negative comments on a stock you do not hold, you clearly have personal issues with the company.
 
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