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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 Dec 29, 2007 10:29am
612 Views
Post# 14131954

??''s Re: SGX drilling program in 2008

??''s Re: SGX drilling program in 2008Thoughts to consider when we consider that there is not an over abundance of rigs and qualified drillers out there. *The same goes for the labs and qualified technicians* The logistics of the exploration part of the venture does not always work according to a CEO's wishes and time frame, so I thought I would raise these questions in hopes that some of the forum members that are more familiar with the below factors will be able to add some insight into the bigger picture. We know that Sage has secured one rig for the year 2008 but does anyone know how many rigs they will need for the year considering all the properties involved and the company's exploration plans? Will they need more rigs or will they disassemble some and reassemble the rig at a different site when they are ready to do so? Have they secured the best drilling crews for all the pertinent sites for the 2008 exploration season? Do to the man power shortages because of the explosion in the industry will they have to 'wait their turn' i.e. like they had to do when they waited for KXL to finish using a rig? The logistics of the exploration part of the venture does not always work according to a CEO's wishes and time frame, so I thought I would raise these questions in hopes that some of the forum members that are more familiar with the below factors will be able to add some insight to the bigger picture. I know that the company has had 'strategy' plans for 2008 and without a doubt these items with all the varibles involved have been discussed BUT you know guys/gals, I just don't see the need to clutter up their phone lines and available time with EVERY QUESTION that comes into our minds. Best wishes, Jerry Francis
Bullboard Posts