SGF started the open pit approval process over two years ago.
Wasn't it approved ?
I don't understand why they're wasting more time and money proving up more reserves after they had already done that many times during the past 20 years?
This looks like a project that no one is interested in, and will never see the funds, a partner or a buyout to start the mine!
I was angry in the summer of 2007, after the SP had slipped from above $8 to above $6.
It's been a penny stock for years now so I could kick myself for not cashing in back then ! !
Seems like it's just kept issuing enough new shares to keep some activity going so the BOD and employees at SGF can continue to get paid and collect stock options to sell.
If anyone has another opinion or additional info, I'm all ears.