GREY:SGGDF - Post by User
Comment by
lobojackon May 23, 2017 10:14am
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Post# 26272390
RE:RE:Drilling on the 150 level
RE:RE:Drilling on the 150 levelHere is a post from ceo.ca - 'Talks about a $1 stock, not now, but in the near future, but he does opine that it is currently undervalued:
@DecNefTrades ... They are confident they'll extend the current 7 year mine life and total resource should easily triple, with 2 million oz not out of the picture given the surface drill results and 9200 m drilling program that is ongoing. Once they get into the gap they'll put out their new PEA which will be an insane upgrade from their recent study completed in 2012. ... Another consideration for $SGX's market cap is that they are fully financed to go into production and the mine is nearly ready. Once $SGX finishes drilling, updates their study and begins first pour it could be a $1 stock. ... Now Sage Gold is undervalued ...