SGZ scotgold resources limited

thinking out loud

  1. 364 Posts.
    An RNS confirming more gold at our growing number of projects should be due soon , this week or next.
    Aq drilling on a vein structure south of the Cononish vein, results are awaited . ?
    Updated Resource statement ? Sooner the better.
    Results from infill drilling on the Inferred resource eastern section , 4/5 holes . Jan / early Feb
    Finance , February after infill results
    Results from where the drill rig is moved to in late November . March / April ( weather dependant )
    Construction start , May / June or earlier
    Airborne survey ?
    Usual quarterly updates in between
    Roughly in my opinion

    With President Obama safely back in the White House, investors in precious metals can justly feel that the President’s promise that ‘The best is yet to come’ is aimed at them”
    http://business.financialpost.com/2012/11/11/auguries-gold-♥-obama/

    "After funding" ,gradual rise over 1 year until production continuing until debt is cleared and then as the results from the airborne survey are proved up by the following drill results we might just have lift of if the elephant is found and proved in 3-4 years , fully expect to have at "least" one other project at production stage by 5/6 years

    POG will be a big factor in our funding and our future obviously , with QE3 on a $ 40 billion monthly basis and the old fiscal cliff raising it's head we might just be lucky with funding around february and with no sign of QE stopping and Basel 3 coming in to play in Jan 2013 I would rather be in than out .
    GLA , DYOR
 
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