Re: What baffles me is
in response to
by
posted on
Oct 09, 2009 12:18AM
Focused on becoming a near-term Gold Producer
Greetings M75!
" I know it as been a rough few months; however I hope they do find something that can propel this stock up soon."
It would be dishonest of me to say that I am not disappointed with the state of the SP for SGX. I have held this stock in various quantities and prices over the last 3 years (approx).
However I still remain confident of the management, the properties and the area in general. However when considering your statement "propel this stock up soon", I prefer to look at the term "soon" as a very relative term. We, as investors have got to consider the whole picture. I suppose many have traded stock in this company strictly from the "traders philosophy" of getting in and out quickly and making a quick buck. While I have no problem with that type of strategy and have even used it to a limited extent on occasion, I guess I am more of a longer term commitment kinda guy.
So, "soon" to me may be somewhat different than someone else. However I am seeing this area become interesting to a lot of people and I believe that we will eventually see some excellent ROI for this and some related companies in the area.
For many this could well be an opportunity to reap some great rewards. For others it could be a chance to recover some lost revenue. Or perhaps a little of both. FWIW and IMO, I think SGX still has much merit as a great Junior Exploration Co.
Regards,
AZUZA (Art)