Well ive been following this coin for some time... not really into fudding a project but this thing is absurd! Well let me start by saying that I am Sudanese and a business owner in Sudan and a few hours away from where this project is supposed to be built.
These guys have a small concession if i remember correctly less than 500 acres which in Sudan is a a relatively small concession and even this concession doesn't seem to be owned by SGM company - This is red flag number 1.
These guys are trying to raise an ridiculous amount of money for starting a gold op is Sudan for such a small acreage (buying equipment from China doesnt seem like a long term vision for me - 16.250 million US dollars for an op that shouldn't surpass 5 million usd for its size. where is the rest of the money going? - Red flag number 2.
Also they are trying to export the gold out of Sudan to a Dubai based company. good luck on that! - Red flag number 3.
Invest at your own risk, i know im skipping out on this scammy looking ICO and would like to see where they are 1 year from now and prove me wrong.
Dear manager, I take part in the Facebook campaign, and I'm very disappointed with this statement, what can the team say? Thank you
Show Posts
