GREY:SGGDF - Post by User
Comment by
Eppyon Aug 12, 2008 8:18pm
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Post# 15378828
RE: The trend continues but what about SGX
RE: The trend continues but what about SGXLike many, I don't post a lot on here. I, like many of you, am very disappointed in where the share price is. I thought for sure that SGX would discover that they are part of the same formation as the one that exists on the Kodiak property and that once this was confirmed, we would be close to Kodiak's share price. Having said that, I am pretty certain that the gold on Kodiak came as a big surprise to Sage. They were actually looking for nickel with the hope of having a nickel mine. I am pretty sure that the discovery last year by Kodiak and their subsequent drilling has made Sage change it's game plan for this property..Having said all that, to me the reason I have kept my shares in Sage is because of the Onaman property and not the one by Kodiak. I think that this property is the one that could push Sage to new heights. This property has been held by others over the past and I know that Sage was quite happy with the results that it has had. I am going to stick it out to the fall as I am hoping that the Onaman will be the real trick for this stock. Hey, I bought in at .11 so I am still up a bit. I know it is frustrating at times when we have to wait for results. The good thing is that this company had money in the bank to finance its drill programs this summer. That to me says something positive about management. I just hope that they start releasing some of their results soon so that investors can start being rewarded for their patience. Good luck to all.