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Sage Gold Inc SGGDF

Metals & Mining Gold Industrial Metals & Minerals
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

Sage Gold Inc > Friendly Financing...
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Comment by jesse18on Aug 28, 2018 10:42am
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Post# 28529055

RE:Friendly Financing...

RE:Friendly Financing...I'm 100% sure that the last thing the creditors wanted was to take over this project. This is going to cost them large. Everyone knows that this is the second mine restart fail and it is going to get sold at a huge loss.

Cartesian Capital Group have people to assess projects and hopefully advise them as to wheather a project is viable, they missed this one for whatever reason. Cartesian is not an operator and i can gurantee they would rather be doing something else. 

SGX is no longer and as painful as it is they will not be trading again in a way that current shareholders can recoup.
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