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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
Post by JerryFrancison Nov 27, 2007 6:06am
363 Views
Post# 13871672

SGX & the credit crunch. I wrote the Co.

SGX & the credit crunch. I wrote the Co. I was not trying to be a hard guy with them but I did have some concerns regarding some of the negative things we have all heard about in the financial arena. I wanted assurance that they would not get involved in a 'financial arrangement' with people that are themselves involved with unsafe business practices. --------------------------------------------------------------------- They wrote me back and in substance said that Nigel's has extensive experience in the world of finance [it has been his expertise] and that he is well aware of what is going on on a world wide basis. --------------------------------------------------------------------- I understood that and a couple of other related comments to mean that, if and when the time comes for Sage to be looking for financing or to get involved financially with some entity, that the CEO will also be doing his own DD on those 'deep pockets' to make sure they themselves are in good shape financially. I know that this post is not earth shattering news but it does come direct from the company and IMO beats hearing about what the bashers are saying and then entertaining them by writing a response to their junk postings. Best wishes, Jerry Francis P.S. They are also working with regard to that news release but I could not squeeze out a date. Again, it's their shop and they don't run it on the sentiment of the local bull boards.
Bullboard Posts