SGX.V 0.45 Sage Gold. This could be interesting. They have reserves lining up with Kodiak Exploration's reserves, where Kodiak made an enormous gold reserve discovery (AU 358.56 g per tonne)!
A post from StockHouse SGX-board:
IMO there is less reason to believe that Sage Gold
Posted by: jerryfrancis on December 26, 2007 10:06AM
and Kodiac Exp. have no geophysical connection than there is reason to believe that they do. [Actually, IMO only, I believe that they are joined at the hip in more ways that one]. We know that there is a decent spread of about 3km between the SW portion of Sage's property at Jacobus and the NE part of the Kodiak discovery. However, concerning the two companies; in our company's release they used comparrison words like, 'the same geophysical signature' and 'contiguous', regarding that KXL find. This choice of wording has a two-fold purpose.
FIRST, SGX cannot get pinned down because the did not say that it is the same find as KXL but rather, it has the same type of 'geophysical signature' or to say it another way, the same "fingerprint classification" or grouping.
SECOND, SGX can not be called into account by the nit-picking bean counters of the world because they used the word 'contiguous' in that release. I looked up the exact dictionary definition of that word. Listen to this guys/gals. The Contiguous definition ranges from; bordering upon; to touch along all OR most of one side. Or it can mean just being near or adjacent.
I am not splitting hairs here. Until it is proven to actually be an extention of the KXL find O R better yet, the source of the discovery, the company has to make use of those types of words in a nr BUT, [and this is just my strong feelings on the matter] I believe that they are giving us a hint that they strongly believe that it is all part of one discovery zone or find.
The reason I feel so strong on the matter is because the preliminary testings have shown that to be the case. I also include in all that the 1957 10foot wide quartz vein discovery by previous owners. You know the results those guys never tested for gold [?] It has the SAME mag low as what Kodiak has. They did not say with a similiar mag low as Kodiak but rather THE SAME. I know you can read into this sort of thing but to me the usage of the words, the SAME geophysical signature and the SAME mag low readings mean just that. Sage too must believe that to be the case as they rushed into that location equipment to further check our what previous testings have shown.
The leadership, PLUS all the careful building block preliminary work done on a continuous basis, PLUS what has been discovered, PLUS what appears to be a strong possibility of a great discovery, PLUS the variety of locations are why I am a shareholder. At this point you can call me a pumper if you want because I AM pumped up about the possibilities.
Best wishes,
Jerry Francis
AI
