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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

Comment by snowtigerrron Jul 28, 2017 11:07am
160 Views
Post# 26521465

RE:RE:RE:RE:Sage Receives Final Tranche of Clavos Financing

RE:RE:RE:RE:Sage Receives Final Tranche of Clavos FinancingI'm looking at future cashflows derived from the companies internal base level production forecasts. I'll post some basic projections soon. 

It's looking like SGX will trade sideways until we get closer to production or get the operational update, but yesterday's update proves that SGX will be pouring gold and generating cashflow this year. They are already bulk sampling right now.

If Sage hits some more high grade holes over the coming months it will imply a materially higher resource upgrade and NAV revision. Look at what is happening in the Golden Triangle right now, but none of them are producers with any mining infrastructure in place.
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