A Featured Company

Sierra Gold Corporation
(OTC: SGCP)

Overview


An OTCPicks.com Corporate Profile
Sierra Gold Corporation

Company Overview

Sierra Gold Corporation (OTC: SGCP) is engaged in the exploration and development of gold and diamond properties in West Africa. Sierra Gold Corporation owns the mining rights of Northern Star Resources Ltd, a Sierra Leone incorporated gold and diamond mining company. The rights include a secured 40 sq/km prime mining concession located on the North Pampana River which is one of Sierra Leone's richest known alluvial gold mining rivers.

Sierra Gold recently announced that gem quality diamonds have been confirmed on the Pampana North Property as a result of recent test samples from the company's ongoing bulk sampling program. The company needs to do more extensive testing to determine the potential value of the diamonds.

Sierra Gold also recently announced a hard rock formation was uncovered as a result of the ongoing bulk sampling program on the Pampana North property in which the initial observation indicates the presence of gold. In an April 2006 report, geologist Hendrik Velduyzen stated that there was a 400 meter long gold bearing quartz vein system. Velduyzen observed certain geological indicators that could support the existence of a gold vein deposit. This vein is parallel to the Yirisen gold vein deposit reported in the literature from historical work done. The Yirisen gold vein system located in the Sula mountains is the largest known gold deposit in Sierra Leone.

Sierra Gold's geological team will return to the Pampana North property at the end of January to investigate and further explore the hard rock formation. The team will plan a program to more clearly define and develop the property, which will include a drill program in conjunction with trenching.

The value of the gold reserves is estimated at $588,404,000 and with 79,031,973 shares outstanding, the gold reserves have a per share value of $7.42 before calculating the costs of extraction. The value of the gold reserves does not include any diamond potential.

The Property & Sierra Leone

Sierra Gold Corporation owns the mining rights of Northern Star Resources LTD, a Sierra Leone incorporated gold and diamond mining company. The rights include a secured 40 sq/km prime mining concession with a government issued two year exploration license. The property is located on the North Pampana River which is one of Sierra Leone’s richest known alluvial gold mining rivers. The property lies south of the Sula Mountains approximately 120 km east of the Capital City of Freetown in the Greenstone belt of Sierra Leone.

Sierra Leone is a major exporter of diamonds and is recognized internationally for the outstanding size and quality of its diamonds. Sierra Leone's production is characterized by a high proportion of top-quality gem diamonds. Sierra Leone became famous worldwide after the discovery of the Star of Sierra Leone, a magnificent 969 carat diamond. In 2002, a 1440 carat, gem quality diamond was discovered in Kono which was later sold in Belgium for $75 million.

Since the democratic elections in 2002, Sierra Leone has seen a large resurgence in economic development with European, Asian and North American corporations establishing or reestablishing their presence in the Industrial, Finance, Resource and Technology sectors of business. From a resource point of view, the country is rich in iron ore, gold, diamonds, bauxite, titanium and chromite ore. Companies such as Godwana Exploration, Sierra Rutile, Stanton Mining, Branch Energy, Rex Mining, Mano River Resources, Pacific-Betts and African Diamonds to name a few have spent millions dollars in exploration and development in the resource sector. As well, Sierra Leone has a rich forestry and fishing industry and recently the government has issued off shore oil exploration licenses to a number of corporations. Prior to the war Sierra Leone had a vibrant tourist industry based on 400 km of shoreline with pristine beaches, dive sites, off and onshore fishing and animal reserves. The government is actively encouraging the redevelopment of this sector of the economy.

The World Bank and International Monetary Fund have provided significant funding to rebuild the infrastructure in areas of power and water, sanitation, roads, and housing to name a few. As well many non-government organizations (NGO's) from the US, Europe and around the world have been providing a multitude of services including but not limited to medical support, education, water and sewage improvement, housing development and small business support among others. Recently the EU Union has built a large complex in Freetown and the US government is in the process of completing and relocating It's new Embassy for West Africa in Freetown.

The Metals/Mining Industry

Sierra Leone is a major exporter of diamonds and is recognized internationally for the outstanding size and quality of its diamonds. Sierra Leone's production is characterized by a high proportion of top-quality gem diamonds.

Gold's Future is Bright

  • High demand, low supply
  • Weaker US dollar: high trade deficit
  • World political instability

According to John Bates, analyst with JP Morgan, "Fundamentals for the gold market look good with rising demand, weak supply, and the potential for central banks to be much less willing sellers for the metal."

Investor Highlights

  • Well known gold producing region
  • Short and long term positive cash flow
  • Highly professional and respected management team
  • Drilling and bulk sampling program planned in 2007
  • Very low geological, mining and operational risks with project
  • Stable political climate
  • Abundant expansion potential

The Future

Sierra Gold plans to aggressively expand its mining profile with high quality explorations projects. Sierra Gold's aim is to acquire and develop gold and other precious and base mineral properties to increase shareholder value. Sierra Gold's mission statement is to build a successful mineral exploration company through geological experience and efficient management while promoting sustainable social relationships and responsible corporate governance.

It is the aim of Sierra Gold Corporation to raise exploration and development capital on the Pinksheets to expand the resource and complete a test mining program while completing the process to move the company to the NASDAQ market. To complete this process Sierra Gold aims to raise the $2,500,000 to complete the expanded exploration and development program. The company also plans to satisfy the requirements necessary to qualify for the NASDAQ market. SGCP is poised to become a significant player in the metals/mining industry.


Recent SGCP News:

Jan. 29 - Platinum Group Metals and Other Precious Metals Discovered On Sierra Gold Corporation's Property

U.S. Mining Engineer, Mike Manke, reported the presence of platinum group metals as well as other precious and rare earth metals from bulk samples tested as a result of geological work done on the Pampana North property. Sierra Gold (Pink Sheets:SGCP) has validated some of the findings of Mr. Manke from bulk samples tested at SGS Laboratories (Toronto,Canada) in 2005, which show the presence of platinum group metals. More samples collected in December, 2006 are presently being tested for a full spectrum analysis of precious metals by SGS Laboratories with results soon to be available.

Sierra Gold's geological team will return to the Pampana North property this week to investigate and further explore the presence of precious metals. The team will plan a program to more clearly define and develop the property, which will include a drill program in conjunction with trenching.

Because the company needs to do more extensive testing to determine the value of the potential precious metals, the value per share of $7.42 given on December 13, 2006 only pertains to the placer gold deposits on the property. The value of gold reserves is $588,404,000 and with 79,031,973 shares outstanding, the gold reserves have a per share value of $7.42 before calculating the costs of extraction.

Sierra Gold is engaged in the exploration and development of gold and diamond properties in West Africa. The company will continue to conduct extensive research and development of high quality mineral exploration projects.


Jan. 22 - Sierra Gold Corporation Uncovers Hard Rock Formation and Initial Observation Indicates Presence of Gold

Last week, a hard rock formation was uncovered as a result of Sierra Gold's (Pink Sheets:SGCP) ongoing bulk sampling program on the Pampana North property. Initial observation indicates the presence of gold.

In his 43-101 report (April 2006), geologist Hendrik Velduyzen states that there is a 400 meter long gold bearing quartz vein system, parallel to the Yirisen gold vein deposit reported in the literature from historical work done. Mr. Velduyzen observed certain geological indicators that could support the existence of a gold vein deposit. The Yirisen gold vein system located in the Sula mountains is the largest known gold deposit in Sierra Leone. Historically the Pampana River and its tributaries have supported some of the richest alluvial gold workings both in the Sula mountains and in the country.

Sierra Gold's geological team will return to the Pampana North property at the end of January to investigate and further explore the hard rock formation. The team will plan a program to more clearly define and develop the property, which will include a drill program in conjunction with trenching.

The company needs to do more extensive testing to determine the value of the potential hard rock gold deposits. The value per share of $7.42 given on December 13, 2006 only pertains to the placer gold deposits on the property. The value of gold reserves is $588,404,000 and with 79,031,973 shares outstanding, the gold reserves have a per share value of $7.42 before calculating the costs of extraction.

Sierra Gold is engaged in the exploration and development of gold and diamond properties in West Africa. The company will continue to conduct extensive research and development of high quality mineral exploration projects.

 


OTCPicks.com Safe Harbour Statement: Statements contained in this document, including those pertaining to estimates and related plans, potential mergers and acquisitions, estimates, growth, establishing new markets, expansion into new markets and related plans other than statements of historical fact, are forward-looking statements subject to a number of uncertainties that could cause actual results to differ materially from statements made. OTCPicks.com provides no assurance as to the subject company's plans or ability to effect any planned and/or proposed actions. OTCPicks.com has no first-hand knowledge of management and therefore cannot comment on its capabilities, intent, resources, nor experience and makes no attempt to do so. Statistical information, dollar amounts, and market size data was provided by the subject company or publicly available sources believed by OTCPicks.com to be reliable, but OTCPicks.com provides no assurance, and none is given, as to the accuracy and completeness of this information.

Disclaimer: The information, opinions and analysis contained herein are based on sources believed to be reliable but no representation, expressed or implied, is made as to its accuracy, completeness or correctness. Past performance is no guarantee of future results. This report is for information purposes only and should not be used as the basis for any investment decision. OTCPicks.com is being compensated seventy five thousand free trading shares by a third party for SGCP advertising and promotional services. Write or call OTCPicks.com for detailed disclosure as required by Rule 17b of the Securities Act of 1933/1934. OTCPicks.com is not an investment advisor and this report is not investment advice. This information is neither a solicitation to buy nor an offer to sell securities. It should be considered to be an advertisement. Information contained herein contains forward-looking statements and is subject to significant risks and uncertainties, which will affect the results. The opinions contained herein reflect our current judgment and are subject to change without notice. OTCPicks.com and/or its affiliates, associates and employees from time to time may have either a long or short position in securities mentioned. Information contained herein may not be reproduced in whole or in part without the express written consent of OTCPicks.com.

Property


Property Overview

Sierra Gold Corporation is a Nevada State USA company that owns the mining rights of Northern Star Resources Ltd, a Sierra Leone incorporated gold and diamond mining company. The rights include a secured 40 sq/km prime mining concession with a government issued two year exploration license. The property is located on the North Pampana River which is one of Sierra Leone’s richest known alluvial gold mining rivers. The property lies south of the Sula Mountains approximately 120 km east of the Capital City of Freetown in the Greenstone belt of Sierra Leone.

A report completed by the mining engineer Michael Manke on the property in the mid 1990’s indicated gold grades of .12 oz/ton taken from the auriferous gravel in the Pampana Channel and it’s flanking flats and terraces. The original study of the resource potential indicated a possible resource of 500,000 ounces. Recent large bulk sampling work done in the Winter and Spring of 2005 indicate gravel depths more than double those previously reported and significant gold values, 2.62 gm/ton (.092 oz/ton) in the overburden. Given the above information the resource potential could be in excess of $ 500,000,000 with significant areas of the property yet to be explored. No assurances can be made that such potential may be reached or profits realized.

A more recent 43-101 report (competent persons report) completed by the company's geological consultant Hendrik Veldhuyzen in April 2006 stated the property was one of merit and detailed an ongoing exploration and development plan.

It is the aim of Sierra Gold Corporation to raise exploration and development capital on the Pink Sheets to expand the resource and complete a test mining program while completing the process to move the company to the NASDAQ market. To complete this process Sierra Gold aims to raise the $ 2,500,000 to complete the expanded exploration and development program. The company also plans to satisfy the requirements necessary to qualify for the NASDAQ market.


OTCPicks.com Safe Harbour Statement: Statements contained in this document, including those pertaining to estimates and related plans, potential mergers and acquisitions, estimates, growth, establishing new markets, expansion into new markets and related plans other than statements of historical fact, are forward-looking statements subject to a number of uncertainties that could cause actual results to differ materially from statements made. OTCPicks.com provides no assurance as to the subject company's plans or ability to effect any planned and/or proposed actions. OTCPicks.com has no first-hand knowledge of management and therefore cannot comment on its capabilities, intent, resources, nor experience and makes no attempt to do so. Statistical information, dollar amounts, and market size data was provided by the subject company or publicly available sources believed by OTCPicks.com to be reliable, but OTCPicks.com provides no assurance, and none is given, as to the accuracy and completeness of this information.

Disclaimer: The information, opinions and analysis contained herein are based on sources believed to be reliable but no representation, expressed or implied, is made as to its accuracy, completeness or correctness. Past performance is no guarantee of future results. This report is for information purposes only and should not be used as the basis for any investment decision. OTCPicks.com is being compensated seventy five thousand free trading shares by a third party for SGCP advertising and promotional services. Write or call OTCPicks.com for detailed disclosure as required by Rule 17b of the Securities Act of 1933/1934. OTCPicks.com is not an investment advisor and this report is not investment advice. This information is neither a solicitation to buy nor an offer to sell securities. It should be considered to be an advertisement. Information contained herein contains forward-looking statements and is subject to significant risks and uncertainties, which will affect the results. The opinions contained herein reflect our current judgment and are subject to change without notice. OTCPicks.com and/or its affiliates, associates and employees from time to time may have either a long or short position in securities mentioned. Information contained herein may not be reproduced in whole or in part without the express written consent of OTCPicks.com.

Geology Report


Report on Property

Possible gold content and value in ExPL7/94

Geologist, Alieu Mahdi (BSc,MSc), of GeoResources (SL) Ltd. was commissioned to prepare a report on the estimate of gravels and gold values. within the Pampana River and its flanking flats and terraces. Below are the estimated figures.

1. Previous work:

The report on the work done by the now defunct National Diamond Mining Company (SL) Ltd. (NDMC), over the period June 1985 – June 1990 in its Pampana North Special Exclusive Prospecting Licences No. 2136 (Report 1) and that dated December 1993 produced by Consultant Mining Engineer Michael Manke for and on behalf of Kholifa Mining Venture based on work done between mid October to mid November 1993 by Messrs. Herber Hendricks and Michael Manke ((Report II) are the only recent professional discourse on which a meaningful estimate of the possible volume and grade of the auriferous gravels in the Pampana Channel. Its flanking flats, and terraces which can be mined with profit or with the hope of profit, can be based.

2. Possible grade of auriferous gravels:

The report by Manke uses a grade of 0.12 ounces per cubic yard in computing the possible gold content of the auriferous gravels within the Rosint Development property. Grades of this order are certainly achievable as is evidenced by the grade of 2.988gm/yd³ (0.0960ozs/yd³) produced by illicitly won bottom gravels from the Makotha Meander. Page 5 of Report I speaks of the inherent inefficiency of the Denver Gold Saver especially with respect to fine gold used in the processing of auriferous gravels to produce gold bearing concentrate. Similarly, the efficiency of the Humphrey’s Gold Miser utilized in the production of auriferous concentrate by Messrs. Manke and Hendricks is questionable.
(Pg. 3 of Report I)

In light of the foregoing the gold grades obtained by NDMC (SL) Ltd. and Messrs. Hendricks and Manke were indeed conservative. Assuming an efficiency of 85% of recoverable gold from both concentrate recovery systems. It is reasonable to increase the grades reported by at least 10%.
For this exercise however two possible grades are indicated. The first (a): is the weighted mean grade of bottom gravels treated by the defunct NDMC (SL) Ltd., while (b) the second is the geometric mean of the grade derived by Manke and Hendricks and the weighted mean grade from NDMC’s work.

(a) Weighted mean grade:

 
SITE/DESCRIPTION
VOLUME
(yds.)
RECOVERY AU
(gm.)

GRADE
(gm/yd³)

WEIGHTED
(grade)
MAKOTHA MEANDER
(illicitly won Bottom gravel)
109.200
326.327
326.327 2.988
326.2896
MAMAMKI
3.218
4.234
1.316
4.2349
ROGBOM
105.185
108.700
1.033
108.6561
MASOKORI
140.081
44.111
0.315
44.1255
A³ DEVLOPMENT
(NDMC’s Work)
SAMPLING
2,125,330
649.363
0.306
650 350.98
A² DEVLOPMENT
SAMPLING
526,103
163 112
0.310
163 091.93
TOTALS =
2,651,791
   
813 926.216
 

Weighted mean grade = 0.3069gm/yd³ (0.0098 oz/yd³)

(b) Geometric mean grade:

0.0098 x 0.12 = 0.0329 oz/yd³

However in the computation that follows with respect to the estimated gold content in the gravels flanking the Pampana Channel the geometric mean grade is used.

3. Estimate of volume of auriferous gravels:

The overlap between Rosint Development Company’s ExPL7/94 and NDMC’s SEPL 2136 is approximately 40%. Some of the deposits for which gravel volumes are quoted by NDMC are outside the boundaries of ExPL7/94.

In determining the possible volume of auriferous gravels within ExPL7/94, gravels within the present Pampana channel are discussed separately from those developed in the flats and terraces flanking the Pampana Right Bank.

Right Bank Deposits:

A study of the contours on Topographic Sheets 44 and 55 and the assumption that the gravels laid by the Pampana would not spread more than 1,500 metres from edge of the present river channel, have allowed possible gravel retention sites to be outlined and measured. The area of these retention sites total 11.7888km² (11,788,800sq.metres). The thickness of the gravel is taken as the average of the gravel thicknesses as in all areas tested by NDMC (SL) Ltd., in its A² and A³ development sampling programme. This approximated to 2.0 metres. The volume is therefore 23.577.600cu.metre (47,155,200cu.yds)

Pampana Channel Deposit:

Total length of river in ExPL7/94 approximates 24 kilometers, with a mean width of the about 100 metres.

The following assumptions are made in computing a possible volume of gravels in the channel

(i) only about 30% of the river is dredgeable.
(ii) Gravel thickness in the channel is 1.5 metres.

Possible gravel volume in channel:
8000 x 100 x 15 = 1,200,000cu.metres (1,569,540cu.yds.)

4. Gold content in ExPL7/94

(a) In the Pampana Channel:

(i) Assume the grade of 0.811gm/m³ recovered by 1950 Dredge for a section of the Pampana, south of ExPL7/94 holds good for dredgeable sections in ExPL7/94, then the gold content is 973 200 gms or 31.293ozs.

(ii) Assume that depletion due to illicit mining over the years is set at 30% then the gold content is reduced to 21905ozs.

(iii) At US$500/oz. The estimated gold value is US$10,952,000.

(b) In the Flanking Flats and Terraces:

Geometric Mean Grade = 0.0329oz/yd³
Gravel Volume = 47,155,200yd³
Assume 70% of gravel would be economic, volume is reduced to = 33,008,640 yd³
Gold content = 1,085,984ozs.
Depletion of 15% Gold due to previous mining – lawful and illicit: gold content is reduced to = 923,087ozs.

At gold price of US$500, the estimated gold value is US$461,543,500.

(c) The estimated gold value contained in ExPL7/94 is US$472,495,000.

5. Conclusion:

The estimated gold value in excess of US$472,000,000 in ExPL7/94 makes the property an attractive proposition.

 


OTCPicks.com Safe Harbour Statement: Statements contained in this document, including those pertaining to estimates and related plans, potential mergers and acquisitions, estimates, growth, establishing new markets, expansion into new markets and related plans other than statements of historical fact, are forward-looking statements subject to a number of uncertainties that could cause actual results to differ materially from statements made. OTCPicks.com provides no assurance as to the subject company's plans or ability to effect any planned and/or proposed actions. OTCPicks.com has no first-hand knowledge of management and therefore cannot comment on its capabilities, intent, resources, nor experience and makes no attempt to do so. Statistical information, dollar amounts, and market size data was provided by the subject company or publicly available sources believed by OTCPicks.com to be reliable, but OTCPicks.com provides no assurance, and none is given, as to the accuracy and completeness of this information.

Disclaimer: The information, opinions and analysis contained herein are based on sources believed to be reliable but no representation, expressed or implied, is made as to its accuracy, completeness or correctness. Past performance is no guarantee of future results. This report is for information purposes only and should not be used as the basis for any investment decision. OTCPicks.com is being compensated seventy five thousand free trading shares by a third party for SGCP advertising and promotional services. Write or call OTCPicks.com for detailed disclosure as required by Rule 17b of the Securities Act of 1933/1934. OTCPicks.com is not an investment advisor and this report is not investment advice. This information is neither a solicitation to buy nor an offer to sell securities. It should be considered to be an advertisement. Information contained herein contains forward-looking statements and is subject to significant risks and uncertainties, which will affect the results. The opinions contained herein reflect our current judgment and are subject to change without notice. OTCPicks.com and/or its affiliates, associates and employees from time to time may have either a long or short position in securities mentioned. Information contained herein may not be reproduced in whole or in part without the express written consent of OTCPicks.com.


Management


Douglas Evans - Chairman and CEO

Mr. Evans (BA,MBA) spent 25 years in the Canadian Forces as a pilot and staff officer to the Minister of National Defense. Since his retirement from military service, he has served as president and director of a number of public and private companies involved in their financing and development in the mining and technology sectors for the past 17 years.

James Spence Stewart – Director and Secretary

Mr. Stewart (BA, LLB,QC) is an attorney who has worked 20 years as litigation counsel, 10 years as civil and criminal counsel to the Attorney General of Ontario and Canada; 5 years as Secretary & General Counsel to a large development firm, and was appointed to the Queen’s Counsel.

Dinesh Parakh - Director

Dinesh Parakh BA; Master of Arts(International Relations) and Juris Doctor(law). For the last several years, he has worked for the United Nations in South Africa as a program officer for the World Food Program and as a program specialist for the Development Program. His expertise is in policy development and analysis, project management, legal analysis and financial operations.

Bill Boberg - Director of Exploration and Geology

Geologist Bill Boberg will serve as Director of Exploration and Geology. He brings 35 years of experience in investigating, assessing and developing a wide variety of mineral resources in a broad range of geologic environment in western North America and Africa.

Hendrik Veldhuyzen - Consulting Geologist

Mr. Veldhuyzen (BSC,MSC) is a professional geologist registered with the Association of Professional Engineers and Geoscientists of Newfoundland and L'Ordre des Geologues du Quebec. He has 27 years of full time international field work with a variety of worldwide corporations.

 


OTCPicks.com Safe Harbour Statement: Statements contained in this document, including those pertaining to estimates and related plans, potential mergers and acquisitions, estimates, growth, establishing new markets, expansion into new markets and related plans other than statements of historical fact, are forward-looking statements subject to a number of uncertainties that could cause actual results to differ materially from statements made. OTCPicks.com provides no assurance as to the subject company's plans or ability to effect any planned and/or proposed actions. OTCPicks.com has no first-hand knowledge of management and therefore cannot comment on its capabilities, intent, resources, nor experience and makes no attempt to do so. Statistical information, dollar amounts, and market size data was provided by the subject company or publicly available sources believed by OTCPicks.com to be reliable, but OTCPicks.com provides no assurance, and none is given, as to the accuracy and completeness of this information.

Disclaimer: The information, opinions and analysis contained herein are based on sources believed to be reliable but no representation, expressed or implied, is made as to its accuracy, completeness or correctness. Past performance is no guarantee of future results. This report is for information purposes only and should not be used as the basis for any investment decision. OTCPicks.com is being compensated seventy five thousand free trading shares by a third party for SGCP advertising and promotional services. Write or call OTCPicks.com for detailed disclosure as required by Rule 17b of the Securities Act of 1933/1934. OTCPicks.com is not an investment advisor and this report is not investment advice. This information is neither a solicitation to buy nor an offer to sell securities. It should be considered to be an advertisement. Information contained herein contains forward-looking statements and is subject to significant risks and uncertainties, which will affect the results. The opinions contained herein reflect our current judgment and are subject to change without notice. OTCPicks.com and/or its affiliates, associates and employees from time to time may have either a long or short position in securities mentioned. Information contained herein may not be reproduced in whole or in part without the express written consent of OTCPicks.com.

Contact


 

Sierra Gold Corporation
503-192 Jarvis St.
Toronto, ONT M5B 2J9
CAN
Phone Canada: +1 416 200-6966
Sierra Leone Phone: +232 76 768 175

Contact: Doug Evans
Email: This email address is being protected from spam bots, you need Javascript enabled to view it This email address is being protected from spam bots, you need Javascript enabled to view it

Web Site:
http://www.sierragoldcorp.com

 


OTCPicks.com Safe Harbour Statement: Statements contained in this document, including those pertaining to estimates and related plans, potential mergers and acquisitions, estimates, growth, establishing new markets, expansion into new markets and related plans other than statements of historical fact, are forward-looking statements subject to a number of uncertainties that could cause actual results to differ materially from statements made. OTCPicks.com provides no assurance as to the subject company's plans or ability to effect any planned and/or proposed actions. OTCPicks.com has no first-hand knowledge of management and therefore cannot comment on its capabilities, intent, resources, nor experience and makes no attempt to do so. Statistical information, dollar amounts, and market size data was provided by the subject company or publicly available sources believed by OTCPicks.com to be reliable, but OTCPicks.com provides no assurance, and none is given, as to the accuracy and completeness of this information.

Disclaimer: The information, opinions and analysis contained herein are based on sources believed to be reliable but no representation, expressed or implied, is made as to its accuracy, completeness or correctness. Past performance is no guarantee of future results. This report is for information purposes only and should not be used as the basis for any investment decision. OTCPicks.com is being compensated seventy five thousand free trading shares by a third party for SGCP advertising and promotional services. Write or call OTCPicks.com for detailed disclosure as required by Rule 17b of the Securities Act of 1933/1934. OTCPicks.com is not an investment advisor and this report is not investment advice. This information is neither a solicitation to buy nor an offer to sell securities. It should be considered to be an advertisement. Information contained herein contains forward-looking statements and is subject to significant risks and uncertainties, which will affect the results. The opinions contained herein reflect our current judgment and are subject to change without notice. OTCPicks.com and/or its affiliates, associates and employees from time to time may have either a long or short position in securities mentioned. Information contained herein may not be reproduced in whole or in part without the express written consent of OTCPicks.com.

 

 

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