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.
Interesting...
over 14 years ago
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in response to Tibber's message

Tibber,

Sorry,but I don't agree. You can option into a property for say a 50% interest for a lot less than buying the whole company. Yes there will be a cost ,but what is the alternative? Fold the company?

As far as having enough properties, the ones they have don't seem to be working or are not " near production" enough, at least according to the markets. The millions spent may unfortunately be wasted ,but that's the exploration game. Drill the holes but no guarantee. At some point you have to take the drills somewhere else and try . No sense beating a dead dog.

I believe management has been having many meetings trying to answer the questions;

What do we do now ? or Where do we go from here?

I sincerely believe that we will have the answer to these questions this week!! Rico

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rico
City
nova scotia
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Vice President
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4220
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Date Joined
10/16/2007
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Sage Gold Inc.
Symbol
SGX
Exchange
TSX-V
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Metals & Minerals
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