GREY:SGGDF - Post by User
Comment by
Kiwi3on Feb 15, 2014 7:32pm
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Post# 22214707
RE:RE:RE:RE:BRUTAL
RE:RE:RE:RE:BRUTALWhy would anyone put a value on Sage based on an operation (go west) that cannot take its resource out at anything beyond breakeven. Sage's assets are worth a premium because you can afford to take them out at a profit in the short term. Assets you cannot take out at a profit do not work. People who count unprofitable ounces need to hit the "reset" button. Take a look at the grades and open potential on Lynx and the expanded potential on Clavos is attractive. I think Sage would be a great investment if history had not totally upset investors. Maybe there is another way here to get the market to factor in value. I am going to get bombarded by anti management elements on this board. I do not know if they are right or wrong but it does not matter now as the investors are value seeking private equity based on assets. Clinteroo I think you can now bend over and kiss whatever your problem is goodbye. You will do well in any case. Kiwi