GREY:SGGDF - Post by User
Post by
JerryFrancison Dec 03, 2007 8:30am
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Post# 13904862
SGX- 2% stand alone nickel
SGX- 2% stand alone nickelI know that gold is 'sexy' and that it is a benchmark and driving force that can yield quick profits. No arguement there but along with that, if we do have a load of nickel with 2+% grade, we will have prospective buyers on the fringes just waiting for the property to develop. In many cases the majors want the juniors to do as much preliminary 'leg work' [scoping studies, prefeasibility, etc., studies] at the respective companies expense before they step in. That is NOT what we are looking for today or in the near term with respect to Sage GOLD.
IMO, in Sage's case, with all that the company has going for it, the nickel will probably be in the background for a while unless of course we really do have a huge amount with those grades or better along with the copper.
Best wishes to a good bunch of guys,
Jerry Francis