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Sage Gold Inc SGGDF

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

Bullboard Posts
Comment by blueblizzyon Jun 23, 2007 3:05pm
243 Views
Post# 12989244

RE: INSIDER SELLING!!!!!!!

RE: INSIDER SELLING!!!!!!!Anglo is very likely the "anonymous" seller in the days after the news release. I would be a bit more concerned if actual management were to sell now in large quantities. Keep in mind that some insiders time their disclosure of activities per their stock trading tactics. Anglo *may* have released these transactions now for the following reasons: 1. Instill panic to drive the share price even lower to accumulate more shares for next week. Didn't someone on this board (or the agoracom board?) say that the next set of drill results could come in two weeks? Perfect timing for some accumulation. I would keep my eyes on anonymous or other institutions on the buying side next week. 2. This is simply just profit taking.
Bullboard Posts