"ignorant of SGR's history. The stock ran from $0.50 in summer/05 to $2.25 in spring/06, virtually the same price of today...Hence the analogy I gave of shareholders "spinning their wheels" for the last three years...To put it another way, imagine if SGR had produced, made money, paid for the drilling, no need for the massive dilution, where would the share price be now"

If the evidence of the charts of other miners that have done just that is any indication then the SP would be exactly where it is today - no impact!

Take a look at a 3 or 4 year chart of any gold producer or explorer and I expect you find a similar pattern. so the entire industry then has been "spinning their wheels". G, YRI... you name it and it is about "the same price of today" as 3 years ago. certainly there are exceptions, few, and there is no reason to think SGR should be an exception.

Ignorant of Market History for the past 3 years...

If you are concerned about having spun your wheels for 3 years I suggest you still prefer your "virtually the same price of today" as compared to most any other investment held for the past 3 years...perhaps some bank stocks or General Electric or just some S&P mini's perhaps - I think in most cases your wheels have stopped spinning because they are stuck in the mud - thick heavy mud that just pulls you into deeper and deeper losses.

e