Sage Gold - A time to move on? Yes it is.Good morning investors and onlookers. That is the question all of us must ask. For some here, that had the stock when it was notably higher, they started complaining a little while after it had hit its highs. For them it was a time to move on. They didn't. From that point to the very present many people here had the opportunity to take a loss and say to themselves, it's time to move on. Still, reportedly, many didn't do that. They just kept banging away on the keyboard with how bad the leadership was AND is, and the same went for every decision the company made. Some here avow that they sold this "POS" [their language not mine] yet folks, they always manage to "come back" and get a few more useless commercials in. It was time to move on, but did they really?
What about Sage Gold Inc? Was it a time to move on? Yes it was. It has been my belief that because of the signs of the times and the powers that be, juniors were going to have to go in a different direction. When exploration company's came out with some fairly good assay results, and the stock did nothing except maybe go down, and that became a pattern, it was time for the leaders of those companies to put their thinking caps, and approach the problem from a different direction. It was time to move on, or they would be out looking in. Sage Gold had some good assays along the way as did some of the other GB area plays. For many of those companies it has been a very rocky road. What about when a company didn't have good results. Sage Gold has had some not so good results too. IMO, I do NOT believe that any remaining assays from 2009 are at all earth shattering and in fact I think they were iffy at best. If they were great we would have heard about it by now. I do NOT believe that they went back for re-assaying because they held a pleasant surprise. Was it a time to move on for Sage Gold? Absolutely, exploration at best can be iffy. The GB area itself can be a challenge for the companies and shareholders.
So what has Sage Gold done that was positive in order to show the investors that it was a time to move on.
First they did look at those signs of the times. They saw that the gold producers will be the first to fly when it becomes more and more apparent that paper currency alone will not stand up or fair well in these times of excessive greed and debt.
Secondly, they saw that the smaller companies that are in production or near term production will do well and investors that can't afford to hold the majors will see nice returns in some of these smaller companies.
Third, they knew that smallers juniors that are in exploration only [companies like Sage Gold] will be the last to show a profit and the greater percentage of them will disappear into the sunset in times to come.
Fourth, Sage Gold is still going to have to see good results at Timmins and in Nevada and possibly elsewhere. Nigel is a finance guy, well then, besides the hoped for good results from under the ground, he is going to have to do a few more hat tricks before we are out of the woods and into seeing this stocks SP head due north. The last two NR's were only a start in the right direction to re-invent the company [so to speak] in these uncertain times.
Not to give place to any basher and complainer, for their postings were either lies, half truths, or at best, they used this forum as a social meeting place, much like the way the lonly heart of singles hoping that hope to meet someone of likemindedness do on the internet. I said that, to say this, that perhaps Sage Gold was beating their heads against the wall in some respects or perhaps the right opportunity was not there for them in times past.
Yes, it was a time to move on for the company and they are doing that B U T what about you folks? If you really do not think that they can pull it off then for you it is a time to move on for you. If you really enjoy suffering with the "bitter lonely hearts" on the forum then enjoy, as your "life mate" is waiting for you. Mega LOL and J/K. As for me, guys and gals, I have believed in the company from the get-go and I choose for it to be a time to move on WITH Sage Gold Incorporated.
Sincerely yours and all the best,
Jerry Francis