I'm not sure why they would need another PP?

They are suppose to have 30 million as of mid January.

IF they burn ?, say we go high at 15 million per quarter Gross they would need money in 2 quarters, but then they also have revenue to consider

They should be near profitable in Q1. looks like they are mining around 30 000 oz per quarter. There grade should be up, say its at 0.20 oz/ tonne.

That give them 6000 oz. with an average gold price for this quarter of ? probably about 1100 CDN. THis means revenu of about 6.6 million.

they would net -9 million putting them to 21 million. THey are expecting to be profitable in 2nd quarter, but say they loose half this much then (as we all know htey will) so another loss net loss of 5 million, for Q3 probably a loss of 2-3, then Q4 they might actually break even.

We should still have near 15 million in then bank by 2010 and by then there is no excusse for SGR to not be making money. IF they aren't, then they never will and i will drop this stock so fast.

They say the hinge zone has an average grade of what? 0.6 oz/ tonne? so on 30 000 tonnes thats about 18 000 oz per quarter they should be able to mine, thats assuming the old tonnage rate, as they go to 800 tonnes a day that goes up.

So i realize this was just throwing out numbers from my head and i can be off since i didnt check any actual numbers (just going from what i recall) but anyway, they have no reason to go back to the market for money. (unless the capital cost to increase the mills production from 800 to 1200 is excessive... like 20 million +

Anyway just trying to spark some conversation, im bored at work today.

Jeff