Sage Gold Inc SGGDF

Metals & Mining Gold Industrial Metals & Minerals

Sage Gold Inc engages in the exploration and development of mineral resource properties. It explores for gold, poly-metallic, nickel, and copper. Its primary properties include the Onaman property comprising the Lynx project and the Headway project in the Beardmore/Geraldton Gold Camp; and the Clavos gold project in Timmins.

GREY:SGGDF - Post by User

Sage Gold Inc

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Comment by Clinterooon Aug 15, 2014 2:03pm

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Post# 22847158

RE:RE:RE:NEWS - DEBT MATURITY EXTENSION

blobboy, how is it hard to believe that things couldn't get worse? That is exactly what I expect to happen. Soon they will do a consolidation. I don't think it will 100 to 1. Lets even say 30 to 1. Let's also say you own 100,000 shares now. So worth a whopping $1,000. After the 30 for 1 you will own 3,333 shares worth $1,000. BUT those shares that are worth 30 cents will slowly decline. Soon your $1,000 will be $500, then $400, etc., etc. However, this shouldn't surprise anyone. Look at the history of this company and management. If anyone is surprised then they are being rather foolish.

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