How would you be feeling if you held SGC?, first days trading after halt fell C$1.05c to 85c-now 72c--
SUBJECT: The bottom is 1 cent pure spec now Posted By: dmack17 Post Time: 9/12/04 14:02 « Previous Message Next Message »
Since sgc only has a mine in eritrea,sgc is in affect worthless.If a large miner is about to take over,many other jr investors will have to pull out of all risky regions.Bazooka we do feel the same.There has been zero interest in jr's for quite some time and now this.I am now looking at uranium plays and frankly will be looking to sell any jr's in any geo political regions im not comfortable with.I will now be far more careful which jr's i put my hard earned cash into.If its not dilution or insiders dumping its crap like this.Much like a huge new discovery would have boosted the jr's this will fly around the gold community and dampen enthusiam for any risk.Sgc is now in affect just paper,backed by no asset,so there is no bottom.
SBS Price at posting:
0.0¢ Sentiment: None Disclosure: Not Held
