You'd think that if SGR goes under, Wynn will lose the most as he has much skin in the game and been a beneficiary of years of drilling. If he SGR is under where will he send his drills? No where local as SGR is/was funding the drilling for some of the joint ventures. I don't think anyone else in the area is drilling. So SGR success is in Wynn best interest. With that in mind i would find it hard to believe that he would be trying to screw the company.

I agree with Money Tracker, we are not at bottom yet. I also foresee a 5 or 6 cent bottom. If gold goes to 1000 or less and we fall below 5, that might end up putting SGR on a care and maintenance plan which could end up being the end of SGR. But if we weather the storm and survive a $0.05 and $1000 gold, I think we should recover nicely to $2-$3 bucks in the next 2-4 years.

So I have a bit of cash set aside for a buy at 0.05 in hopes to drastically average down. Sad to say it will only takes a bit of loose change more then double my shares but on the same note if I can average down under 0.50, this should be one hell of return.

As for that chart, I'd say I'm at the fear stage, as i can see us going to 0.05 but if gold drops below 1000 and stays that way for any period of time there is a good chance we will never recover. This is a reality. I also enjoy high risk high rewards and thus the reason why I may be considered foolish to pick up a lot more if we ever go down to 0.05.

This is one ship I'm willing to go down with kicking and screaming.