SGCP - Sierra Gold Corp. (PINK Stock)

[lovemoney]

Might be one to watch for a bottom play at some point. RSI and sto look like they want to come out of oversold. CMF moving up to zero line.

http://stockcharts.com/h-sc/ui?s=SGC...d=p78855054222

Sierra Gold Corporation Announces More Positive Assay Results for Platinum and Palladium

"Sierra Gold is an emerging player in the gold and diamond mining industry. Sierra Gold owns the mining rights of Northern Star Resources Limited, which has mining properties covering 40 square kilometers in one of Sierra Leone's richest alluvial gold mining fields. Extensive assaying conducted by the Company suggests the presence approximately 936,000 ounces of high grade gold. At gold prices of $659 per ounce, this suggests the value of gold reserves exceeds $616 million."

Pinksheets - shares decreased by 1 for 5 split - Pay Date: Aug 11, 2006

[Klipper22]

Originally Posted by lovemoney

Might be one to watch for a bottom play at some point. RSI and sto look like they want to come out of oversold. CMF moving up to zero line.

http://stockcharts.com/h-sc/ui?s=SGC...d=p78855054222

Sierra Gold Corporation Announces More Positive Assay Results for Platinum and Palladium

"Sierra Gold is an emerging player in the gold and diamond mining industry. Sierra Gold owns the mining rights of Northern Star Resources Limited, which has mining properties covering 40 square kilometers in one of Sierra Leone's richest alluvial gold mining fields. Extensive assaying conducted by the Company suggests the presence approximately 936,000 ounces of high grade gold. At gold prices of $659 per ounce, this suggests the value of gold reserves exceeds $616 million."

Pinksheets - shares decreased by 1 for 5 split - Pay Date: Aug 11, 2006

One to keep an eye on, lovemoney. Nice find. Let's see what it does with that doji.

[lovemoney]

Thanks Kilipper. Trying to learn to spot some of these things from you all. I'll be watching too.

[lovemoney]

This was acting like it wanted to do something couple days ago. Big volume surge etc. Two dragonflies last two days but volume tapering off again. MACD trying to pop above zero. Sto still looking like it's making ready. We'll see what happens.

[lovemoney]

Got a doji on some decent volume today. Maybe getting close. We'll see if Monday does something positive.

[Shocker00]

TORONTO, Oct. 16, 2007 (PRIME NEWSWIRE) -- Sierra Gold Corporation (Other OTC:SGCP.PK - News) has just received news from its operational manager about a new gold bearing hard rock formation in Sierra Leone. The new zone is narrow but runs for a number of miles in each strike direction. The gold in hard rock is visible. Samples collected were taken from the new hard rock formation and are being processed using local methods. Results of the gold grades are expected shortly.

A recent article, ``Check This Area Out,'' dated September 26, 2007 published in ``Stockhouse BullBoards,'' stated that ``The Birimian trend (West Africa) is a distinct geological trend and currently the base for the fastest growing gold production and exploration area in the world.'' The article compared West African geology to that of the Canadian Shield and its current development in gold mining to what occurred in the Nevada ``Carlin belt'' in the early 1990s.

Sierra Gold's geological team will continue to investigate and further explore the new hard rock formation. Sierra Gold is engaged in the exploration and development of gold and diamond properties in West Africa. The Birimian greenstone belt of West Africa has had a long history of gold mining and prospecting. Sierra Leone's neighbors, Ghana and Mali, are the second and third largest gold producers in all of Africa.

Safe Harbor: No assurance can be given that past or similar results of precious metal mining will be indicative of future results. This news release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 (The ``Act''). In particular, when used in the preceding of discussion, the words ``pleased,'' ``plan,'' ``confident that,'' ``believe,'' ``expect,'' or ``intent to'' and similar conditional expressions are intended to identity forward-looking statements within the meaning of the Act and are subject to the safe harbor created by the Act. Such statements are subject to certain risks and uncertainties and actual results could differ materially from those expressed in any of the forward-looking statements. Such risks and uncertainties include, but are not limited to, market conditions, general acceptance of the company's products and technologies, competitive factors, the ability to successfully complete additional financings and other risks in the company's SEC reports and filings.

[Shocker00]

How about some NEWS

Sierra Gold Corporation Announces Positive Gold Grades for New Gold Bearing Hard Rock Formation
Oct 18, 2007 8:30:00 AM
2007 PrimeNewswire, Inc.
TORONTO, Oct. 18, 2007 (PRIME NEWSWIRE) -- Sierra Gold Corporation (Pink Sheets:SGCP) has just received reports for its first set of samples from a new gold bearing hard rock formation in Sierra Leone. The new zone is narrow but runs for a number of miles in each strike direction. Five pounds of samples collected were processed using local methods. The gold grades were approximately 80 grams per ton (more than 2.5 ounces per ton). A second set of samples is presently being tested with results expected shortly.

Sierra Gold's geological team will continue to investigate and further explore the new hard rock formation. Samples will be deposited this month with SGS Laboratories in Ontario, Canada to confirm the recent testing done in Sierra Leone. A trenching program will be initiated to determine the strike length of the area. The company also plans to do more surface sampling as well as a drilling program. Sierra Gold has secured an option for the mining rights to the property.

Sierra Gold is engaged in the exploration and development of gold and diamond properties in West Africa. The Birimian greenstone belt of West Africa has had a long history of gold mining and prospecting. Sierra Leone's neighbors, Ghana and Mali, are the second and third largest gold producers in all of Africa.

Safe Harbor: No assurance can be given that past or similar results of precious metal mining will be indicative of future results. This news release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 (The "Act"). In particular, when used in the preceding of discussion, the words "pleased," "plan," "confident that," "believe," "expect," or "intent to" and similar conditional expressions are intended to identity forward-looking statements within the meaning of the Act and are subject to the safe harbor created by the Act. Such statements are subject to certain risks and uncertainties and actual results could differ materially from those expressed in any of the forward-looking statements. Such risks and uncertainties include, but are not limited to, market conditions, general acceptance of the company's products and technologies, competitive factors, the ability to successfully complete additional financings and other risks in the company's SEC reports and filings.

[TraderJJ]

Sierra Gold Corporation Confirms Positive Gold Grades for New Gold Bearing Hard Rock Formation With Second Set of Samples

TORONTO, Oct. 23, 2007 (PRIME NEWSWIRE) -- Sierra Gold Corporation (Pink Sheets:SGCP) has just received reports for its second set of samples from the new gold bearing hard rock formation in Sierra Leone. The new zone is narrow but runs for a number of miles in each strike direction. Seven pounds of samples collected were processed using local methods. The gold grades for the second set of samples were over 80 grams per ton (more than 2.5 ounces per ton).

The recent article, "Check This Area Out", dated September 26, 2007 published in "Stockhouse BullBoards", stated that "The Birimian trend (WEST Africa) is .... currently the base for the fastest growing gold production and exploration area in the world." The author makes the analogy of West African gold production to that of the Carlin trend in the 1990s. He writes that if Nevada were a separate country, it would rank within the top five countries in the world for gold production.

Sierra Gold's geological team will continue to investigate and further explore the new hard rock formation. Samples will be deposited this month with SGS Laboratories in Ontario, Canada to confirm the recent testing done in Sierra Leone. Sierra Gold is engaged in the exploration and development of gold and diamond properties in West Africa. The Birimian greenstone belt of West Africa has had a long history of gold mining and prospecting. Sierra Leone's neighbors, Ghana and Mali, are the second and third largest gold producers in all of Africa.

Safe Harbor: No assurance can be given that past or similar results of precious metal mining will be indicative of future results. This news release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 (The "Act"). In particular, when used in the preceding of discussion, the words "pleased," "plan," "confident that," "believe," "expect," or "intent to" and similar conditional expressions are intended to identity forward-looking statements within the meaning of the Act and are subject to the safe harbor created by the Act. Such statements are subject to certain risks and uncertainties and actual results could differ materially from those expressed in any of the forward-looking statements. Such risks and uncertainties include, but are not limited to, market conditions, general acceptance of the company's products and technologies, competitive factors, the ability to successfully complete additional financings and other risks in the company's SEC reports and filings.

CONTACT: Sierra Gold Corporation
Lorne Dingle
905-248-3618
lornedingle@yahoo.ca
www.sierragoldcorp.com


Source: PrimeNewswire (October 23, 2007 - 8:31 AM EDT)

News by QuoteMedia
www.quotemedia.com

[Shocker00]

I picked up a few more shares today. I think this might climb today.

[greencat]

SGCP has a nice set-up. If it breaks resistance look for a very nice move to the up-side.