i have been a big supporter of sgx from the early days, but in retrospect things have been managed badly
The stock was doing well they had cash and they took many risks, eg drilling the BIG M which they hyped up good with no initial work and drew blanks
They spent 2 summers drilling Jacobus nickel and than Onoman and have nothing to show and no plans a JV would have been appropiate
Gave Atna a bunch of shares for Nevada renewed leases extended options than dropped the whole thing
Recently the Kerrs deal does not make sense to me
This past year i can,t understand with limited cash how they could drill 3 properties at once with hopes of drilling again without diluting some more
As of late these guys have also been telling investors what they want to hear and maybe not reality , drill results pending news any day for months and nothing yet , there is no back log at labs
heres hoping the worst is behind us
its a holiday in states i hope they don,t release news today