GREY:SGGDF - Post by User
Comment by
blueblizzyon Feb 05, 2007 1:53pm
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Post# 12164197
RE: What's up with sage?
RE: What's up with sage?
The intent on the Onaman property right from the beginning is to go into production. Their focus is to to bring historical data into compliance with 43-101, and they have done so thus far. They have also identified extensions to mineralization bodies at Lynx #1 and #3, which is great news. Their plan now is to perform an EM survey to define further holes for definition drilling.
Further drill results from the Jacobus project are pending. Sage also intends to do an EM survey on this property for more definition drilling.
Drilling is planned on their Nevada properties in spring, after the ground firms up from melting snow.
My opinion is that we will see share price gain over the medium-long term. If you're in it for a quick flip, and it looks like it is with StocknRockn, you will probably be disappointed. Looks like drop in share price is from all the short term flippers getting out. I personally have accumulated a position over the last few months between $0.115 and $0.125.