GREY:SGGDF - Post by User
Comment by
snowtigerrron Jul 28, 2017 11:07am
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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.