After listening to jay Taylor's comments on the BNN interview today:
- while there are a fair number of shares outstanding, JT agrees the stock is undervalued
- he visited SGR this year and went down 5400 ft underground
- they are producing, feeding the mill from 2 mines and economies of scale will soon kick in
- he expects SGR to be cash flow positive by the end of this year
- they are finding come incredible high-grade material; SGR has a short to replicate Red lake as it has identical geological material; he quoted an SGR geologist as saying "we know it's there, we just have to foind it".
- it is only a matter of time until the industry recognizes SGR and it becomes fully valued; this is one stock he would expect to double in the next yearÂ