Sage Gold Inc SGGDF

RE:RE:SNIFF...SNIFF

[ss1867]

Your welcome, and when they announce another 1 for 10 roll back be sure to thank me again. Sage has very, very marginal assets and with QE tapering in the immediate forecast the POG looks poised to get punished even further. You don`t have to be a brain wave to know that the market is already pricing in tapering...this is why the POG has shed 40% of it`s value in the last year or so. Simply stated the American economy, and by consequence, the American dollar are ready to run.....the gold bull is dead ! And so are all the exploration companies hunting for the next big discovery. How much money does Sage need to raise to bring Clavos to production, and what`s the time frame needed before all in costs are met ?  In a tough junior exploration environment management has not been able to prove themselves....but they are not alone. With the total inability to raise funding, Sage like so many others have very little choice but to dilute at give away prices...then they will once again erode share holder value and trust by doing a reverse split. Even if an investor found a shred of value here at a penny, once the next rollback comes................just ask any of the investors here that believed in the plan 3 - 5 years ago. Pretty hard not to be cynical when you look at the track record of this company.