Sage Gold Inc.

60% Clavos gold mine (produced in 2007), Timmins (SAS-t); +150,000 acres in Beardmore-Geraldton. Further exploration on Pillars, Paint Lake, and Golden Extension. Identify and acquire new property with near-term production potential.

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Re: Share price...

Sage Gold Inc.

almost 15 years ago

in response to red911's message

Also not very re-assuring company would not even comment on their languishing share price during all of 2009.

red911

Share price...

posted on Dec 03, 09 12:11PM

"We will only recommend a roll back to the shareholders if we believe it will result in an increase in the value of Sage's shares.

One of the circumstances could be a corporate transaction including a financing at the consolidated price."

Further to this comment re: share price... While I can appreciate many companies do not like to comment on daily fluctuations in their shre price, does SGX have any comment re: current share price since it has been trading below 7 cents for most of 2009 and actually touched it's 52-week low yesterday (but first reached at the end of 2008). Is SGX confident this undesireable situation for existing shareholders will change in 2010?

Thanks in advance.

red911