Sage Gold Inc SGGDF

Right You Are Body Builder Regarding Financing

[LedtoBelieve]

Unfortunately, Sage is lumped in with small caps of the past with their older business models that could only generate money from issuing more stock and thus constantly diluting shares, and many investors had gotten burned in the end. You would be surprised to know the size of the market cap that is required to move into a mid tier from being a small cap player as a gold mining company. (It is in the hundreds of millions of dollars). Right now, it is in the hands of Sage Management to actually start to produce gold and generate some much needed money to move forward. I am hoping that the employees in the mine have some kind of a bonus system which rewards their effectiveness in these crucial times to extract the best possible ore. We can also hope for a few good drill holes in the short term to help propel the stock price forward. There is an exchange in the USA for small caps that Sage needs to get on, as well as in Frankfurt Germany for the European market to help promote the stock. Tax loss selling is almost over, a new year is almost before us. Perhaps Sage also needs to condense the number of shares to get the price to a dollar or $1.50 with a lot less shares out there.

[bodybuilder]

When you look back at the private placements there were no less than 5 in 2017. We started the year with 55 million shares and the ended with 86 million shares, that is a 54% increase and let’s not forget the warrants floating around. So why buy stock on the open market?? Sell your shares when they are free trading and hold the warrant risk free. Image if just half of those 30 million shares

[up2005]

All valid points! We are at the same price we were Dec. 2016. Now with so much more paper outstanding. Expect management to run hard in early 2018. Need this to turn north and soon.

[bodybuilder]

Just  $.015 from a 52 week low. We should see numbers from our second shipment of ore any day.

[uggg]

Bodybuilder can you explain the math in selling your shares at .135 & buying the pp at .22? Yes, you get a half a warrant [at .32] but I would put the .135 as a much better option [& no 4 month hold]. Not to say I'm happy with the share price but at this price I'm happy to see pp's at .22.

[bodybuilder]

   I understand your point and I'm also happy at the $.22 price however, here are three from this year that are priced much closer. 1/ The corporation will be issuing 9,325,755 hard units at a price of 11 cents per unit for gross proceeds of $1,025,833.   Closing price that day $.15     2/ The offering consisted of the sale of 8,075,897 flow

[uggg]

The last 2 have been above the market at .22. Better to have money now rather than beg later. If drilling pans out .22 won't be much of a speed bump & if anything unforeseen happens it's good to have the money. In a craps game money management is paramount & this is still a crapshoot. If they went for more money at .11 we'd be more diluted. The fact that the pp's are going

[bodybuilder]

Ok fair enough. Just didn't expect to double the float and still be sitting where we started the year share price wise. Here's to 2018.