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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
Comment by bert2on Aug 14, 2009 2:45pm
247 Views
Post# 16220025

RE: RE: RE: RE: RE: RE: Wow

RE: RE: RE: RE: RE: RE: Wow

Clint   surely I don't have to point out the that stock market  is designed to extract money from retail buyers and put it in the big boys pockets.    retail shareholders  will ultimaely  sell if a stock is not going anywhere   in long flat line  periods   then will buy  in like crazy when  the stock price doubles  up  .....when big money is sudenly hyping the stock and setting high projections all the while feeding the frenzy  when they are happy with the take  then they start shorting the stock  and pull the hype back little or no coverage.  Retails start bailing and pretty soon  the SP nose dives and they cover at the bottom  and start the cycle all over again.    


In resource companies  sometimes results   like WTM  are too big  and  potential takeover can result in a payday for retail  
The only way to win is to play their game  and wait it out  and buy more when things look bleek   you may loose on a few but one winner  takes care of a lot of loosers

I will guarantee that you have lost more money buying into hot stocks everone said would double again   and made money on the ones you almost gave up on before they sudenly popped.
 
I have been in Sage for along time   bought  a bunch before the last ride up  and made a huge profit  but kept few free shares just to stay in the loop but  just bought in  at .07  because I think this is getting close again   even after adding my adjusted share cost is still below zero


enjoying the ride on WTM  too been in that one since 54cent  and RMK  since 6 cents  not bragging but go and look at those charts    the gold sector should be tough to loose money in as the US dollar implodes  

Just maybe  I can make up my paper losses in CLL which I stupidly held in  in rrsp s  :)  got screwed when they folded to the pressure from the banks ( they don't play fair... went after the directors personally )        that will take three years to recover
Bullboard Posts