I wasn't expecting to see so many samples from these new claims. With limited cash my instinct would be to push the projects that have already advanced past the grab sample phase.

Bernadine 650 samples, and roughly 1100 samples from the other 8 places. Some are very good, some extremely good silver grades..... but grab samples at a time when investors want drill results, so we go from flat to flatter.

Still hoping for better results from down under at SP and Paint Lake

Also, curious if the Currie property is that part of the map in the center of Onaman that wasn't "yellow" before.

I agree the results are not bad. As far as gold results go for SGX, I think these have been the widest intercepts yet. 5 g/t won't get the market excited though.

Some unknowns for the holes released are locations (SP or King SP), and spacing between.

Whats in the hopper still?

9 holes from Solomons

several holes (8 or 9?) from Paint Lake

There must be a pile of surface sampling results that they are not releasing. Even though we all agree surface samples won't drive the share price, I'm interested in seeing them.

Better results needed with remaining holes to see any increase in share price. Frequency of results is still too slow.

Are there any historical shafts on SGX BG property?......

I think there is red911. I'm not sure why the answer you got says there isn't.

Firstly, we know a historical mineshaft exists on the Onaman property. SGX even mentions it on their website.

Next, it appears there was one at King Solomons Pillar's, the portion SGX just picked up. Here's a brief mention of it from a filed report in 1966 or so.....

"The property under inspection here is located between Leitch and Macleod-Cockshutt. Leitch was forced to close down operations last year (1965). As reported in the forty-sixth annual report of the Ontario Dept. of Mines, Vol. XL VI, Part l, 1937, the work on claims in Leduc-Walters townships presently in the hands of Drs. Stolove and Van Ornian was started in 1936. " In May a 3 compartment, 18 by B foot, vertical shaft was sunk about 50 foot south of the vein. The vein consists of quartz and calcite gangue in banded Iron formation, striking about N. 70 degrees E. and dipping slighty to the north. Before sinking, the vein was explored on surface for a length of 154 foot and is reported to average 0.34 ounces, over an average width of 7 feet. The shaft was sunk 300 feet, with levels at 150 and 275 feet. On the 150 foot level, 489 feet of drifting and 274 feet of cross cutting, and on the 275 foot level, 95 feet of drifting and 118 feet of cross cutting were done."

Work done by Dr. Stolove and associates in 1965 by stripping, blasting and sampling has proved the shear to contain gold over a length of 1850 feet. The greatest assay of 1.42 oz

...............

this is where I think its located....

....on website. A few new pics, some show the location of the new properties.

"IMO, by the time we get a nr on some phase of the company's venture, we still remain weeks or months behind what is actually going on."

I agree with you Jerry. I think we are seeing the beginning of what may be much more BGGC consolidation. All players need to keep negotiations private until deals are made, causing the delay in realtime reporting.

Thats quite a bundle of properties for one NR.....eleven different blocks of claims.

Strategic maybe, but none are "advanced gold properties" (like they mention in the NR again). So, how serious are they about aquiring advanced gold properties? Makes you wonder if anything brewing near term..... or months away (shortly, lol).

Maybe the plan is to deal away some of the properties announced today (or combination of new and existing properties) to get to that next step?

Much more yellow (sgx) on the area map for now. I doubt the intent is to explore all of it, not without someone elses money backing them.

Good morning,

Great string of posts by everyone. I don't blame freedom for being unsatisfied with the share price level, but it's probably too early to get someone to walk the plank.

I agree with you dmastercard, that lots of investors are looking for a quicker return and have maybe sold to catch other stocks that have had better movement. This has been a very long road and the share price has deflated regardless of progress from 2 years ago. Hopefully the same money will come back in once some upward gain happens.

I also feel the price is unfairly valued by the market in comparison to other explorers. I expect that to change sometime, possibly even without a news catalyst. Thats how undervalued I think sgx is.

I'm intriqued by the possibility that negotiations could be happening between sgx and kxl. No idea if thats the case or what kind of arrangement would or could be made, but my first thought is how massive the claim land would be. There would be no close second at all anymore in that respect.

As far as insider holdings, the majority were probably options. I remember Nigel buying in the mid twenties (and lower), but also remember Bill Love selling at .50 ish. There has been no big insider purchases for a long time. Maybe they should consider buying now as an offer of confidence to retail holders if they really believe they can increase shareholder value!!... or is something preventing this.... No selling at least.

The good news is drilling appeared to ramp up a lot quite some time ago, so there should be a pile of results in the hopper.