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Sage Gold Inc SGGDF

Metals & Mining Gold
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

Sage Gold Inc
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Comment by Tibberon Jul 29, 2009 4:09pm
207 Views
Post# 16176303

RE: RE: RE: News in August...

RE: RE: RE: News in August...Well Clint,they've been saying they want to "acquire" for a long time ... All I'm saying is they'll have to have a much bigger market cap to do it.

Having said that, in this market they could probably by a small minable (yet expandable) resource (of say 500k OZ ) for about $5 million - $10 million.

But they'll need a market cap of much more than their current $14million (post CPW dilution)  to make it work.  A LOT more

That is all I'm saying.  Whether they will get there or not is anyone's guess and I already know what your thoughts are on that.

Bullboard Posts
Dealroom for high-potential pre-IPO opportunities