Sage Gold Inc SGGDF

my interpretation

[blueblizzy]

First of all, I want to thank hardlook for the interpretation. Here is mine.... Sage has went into this project with the plan to build a mine. This assumption is based on a combination of historical data and current drill results. Keep in mind that the infrastructure is also there and a processing mill close by. They are currently planning to do an EM survey. From this survey, additional targets for drilling will be defined to test the extent of the deposit from current and historical figures, and to determine tonnage and grades. I've been told that all this will be done within the first 6 months. The recent drill results are there to bring historical data to conform with NI 41-103 and shouldn't really present anything new from what we know, from an expected scenario. Seems like the people dumping are hoping for a best case scenario for getting unexpectedly better grades. Also keep in mind that this is a small deposit that is close to existing infrastructure. Meaning that they will be able to get through a resource estimate and feasibility study quickly and go into production right away.