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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 Jan 26, 2010 12:29pm
370 Views
Post# 16719782

What is your position here?

What is your position here?

Good morning Guys n' Gals,

I posted this else where in response to poster Montrose's thoughts. I am confident that the more reasonable posters here will simply read it and factor it in with their own thoughts.  Best wishes.

Jerry Francis

Ihave not been on the boards for a while now and hopefully will not onceagain become "habitually glued" to them on a daily basis. As some hereand on the other forum know, it is easy for the smaller investors tobecome 'fixated' over their respective stock choices and want to seekfor fresh information on a daily, weekly or monthly basis. Mostcompanies do not [perhaps cannot] respond to that type of demand/desireby shareholders and posters.

Regarding SageGold Inc., there is a bottom line and I think we are at a point [andhave been for a while now] where we must take the counsel that wasoffered by poster Montrose or to continue to be frustrated and to vent.Sage will either be successful with 'new beginnings' [perhaps a newfocus] or the company is involved in a 'last straw' effort to, 'savethe day'.

I am of the opinion that anypending 2009 field work [assays] will not be what the company or weexpected they would be, i.e. really great, [could be wrong there]because some info/rumor would have 'leaked out' by now and the SP wouldhave in anticipation of solid result oriented news, shown some type ofpositive activity. I also am given to understand that there is a hugewall of resistance in front of us and that it would really take sometype of super news to blow past that. Additionally, there are a lot ofshares that are outstanding and that makes it difficult not to believethat a reverse split could be in the works.

So,is the glass "half empty" [or worse] or is it 'half full' [or better]and we are about to embark on 'new beginnings' as stated by Montrose? Ipersonally hold to the belief that even though the outward 'evidence'is not visible encouraging, Sage Gold Inc. is working on something veryconstructive and positive. I do continue to believe in the leadership.Even though I have been repeatedly wrong in my time estimations, [Iapologize for that] I am persuaded that the company has been working onsome type of merger J/V and that that will translate into somethingvery positive. Please guys/gals, you got to know that I do not knowwhether or not the market will immediately show support via a SPincrease when we hear about that. These have been and remain my tworeasons for not bailing out. If I ever begin to think differently, Iwill take my beating and quietly leave the scene. One thing I do knowfor sure, it is NOT healthy to worry or ponder on the 'glass halfempty'/going down the tubes, scenarios. If you do not believe it is acase of 'onward and upward', then you should for sanity reasons, 'bailout and flee the scene'. As a bottom line, ask yourselves this, isthere any other position we can hold? To buy, sell or hold are stillour only options.

The very best to a good bunch of guys/gals,

Jerry Francis

Bullboard Posts