GREY:SGGDF - Post by User
Comment by
LedtoBelieveon Jan 04, 2018 10:30pm
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Post# 27286509
RE:RE:We have to move higher from here!
RE:RE:We have to move higher from here!
Has anyone called anyone at Sage in the last few weeks? It sure would be nice to receive an update. With the holiday season and tax loss season over, and the days getting longer, I hope we can start to build momentum. Keep in mind that the PDAC (the world's biggest mining show) is coming starting March 4th to the 7th, in Toronto, which should help as thousands of resource investors will be in attendance. Good experienced investors understand the concept of value, investment rotation (the gold sector and in particular the junior gold companies are woefully under priced) with many overall frothy stock markets and bond markets having bubbles everywhere. Gold is starting to gain traction as well. Sage is in a good historic mining jurisdiction with lots of localized infrastructure in place, meaning an experienced work force and can hit the ground running. I hope that the company can reward and motivate its workforce to get the job done. I have met most of the management on several occasions and I believe that they have the overall experience to succeed, but in this age of impatience, I certainly hope for an update soon. In the mean time, it is a time to add to your position, or to tell others about Sage. Gold will always hold its value at a time of historic debt levels for people, countries, and corporations. For the 5000 years in which gold has been produced, there is still only 3/4 of an ounce of it for every man woman child that live on this earth. Compare that to the 10 years of artificial scarcity created by bitcoin and most of the criminals that own it.