Sage Gold Inc SGGDF

The Latest Clavos Gold Mine Up Date is Overall Good News

[LedtoBelieve]

Yes it came out on a late Friday afternoon, but having read through it a number of times, there is overall good news. Yes the extreme cold weather has hampered some crushing activities lately, but "the company has now completed all of the geological modelling related to the Clavos project", and.... "intends to complete a new estimate of Mineral Resources and Mineral Resources and utilizing 1,000 surface and 550 underground drill hole composites...and an additional 200 drill hole assay composites from more recent underground drilling will also be incorporated". As well, the company is in the process of seeking financing for some new equipment, which if successful should bring better tools for extracting the ore and increase efficiencies. The update also credits the three mill runs from yielding 790 ounces of gold, and acknowledges that it was mostly just from "low grade rocks left by the previous operator". there should also be another mill run in January, so there is some money coming in that will help. It is also "...developing stock piles at both the mine and mill sites". Lets not forget that Sage will be in attendance at the 2018 PDAC in Toronto March 4-7th in Toronto, and thousands of investors will be in attendance. It is the world's largest mining show, and it will showcase Sage as being one of the few start ups in 2018 to date. The present stock price represents a good buying opportunity in my opinion. Happy New Year All!!!