Sage Gold Inc SGGDF

RE:RE:RE:Latest financing

[bodybuilder]

Yes, we are undervalued.

With so much infrastructure already in place and a working mill down the road you would think that our share price would   garner a little more respect. I'm assuming that the ore we are shipping is very similar to what is already being processed at Blackfox so we show be recovering a very high percentage from the get go. If you are setting up a new mill there is a trial and error period that could run for a while before a level of success is achieved.

So in simple terms we have a rock moving exercise and with gold still over $1500 Canadian that could be very lucrative. Do the math, 330000 x $1500.

 Why do we have such a small market cap? The sector as a whole is a disaster and two the market wants to see that after spending all this money that they can make money. If they can't make money in a reasonable amount of time Sage will have to go back to the market for capital.

 

 Also, I don't think there is much foreign buying in these juniors anymore. The venture is still down 80% from 2009 and with the swings in currencies these day I don't think they think its worth the risk. So we are left with Canadian's. How many will purchase a single stock on their own? and a $.13 high risk one at that. A lot of fund managers aren't permitted   to purchase shares that trade on the venture and under $1.

 

Let's hope that all goes as planned. Get the rock out of the mine put it on a truck and ship it to a working proven mill.

 

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