Siga Resources Inc. (SGAE)
The manufacturing of jewelry and ornaments is the primary and basic use of gold due to its easy handling, luster, resistance against tarnish and attractive yellow color. About 78% of the world's gold is used in jewelry manufacturing. Gold is a great conductor of electricity and heat. It also does not tarnish. Due to these properties, it is widely used in the electronics industry. Gold solder is used to join golden jewelry pieces together. Golden thread is used in embroidery. Gold can be hammered into very thin sheets and wires due to its malleability and ductility.
Siga Resources Inc. (SGAE), founded in 2007, is based in South Lake Tahoe, California. Siga is a mineral resource exploration and development company. Siga's strategy targets properties that have the potential for near term production and early positive cash flow. Siga's general geographical interest is North and South America.
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August 13th, 2011 at 01:27 pm