Sage gold is SGX, I wonder what the new company will list as. This has been the plan for a long time and SGX was incorporated a long time ago. Check it out with the Companies registry. Didn't happen as quickly as I would have liked but now we won't be confusing the two and each will get it's own value.

As far as all the take out speculation goes, I wouldn't be applying for a job with any major company based in Bisset in the short term (2-5 years). There are two dilemas;

1- If resource is too small, would result in significant no share price appreciation and would cause a cheap take out, so I figure that won't happen this year. The big guys can't buy on faith, and their investors would want to see a resource to vote for any expensive takeover. Our market cap is currently 3/4 of a billion and with a premium would be a minimum of 1.5B. Not many with that kind of cash.

2-They still haven't achieved economic production and positive cash flow due to more exploration and development than anticipated The old production stigma has not been erased and no major will pay big bucks for a 500 tpd average producer. They want big ozs and quick. The price of gold could be $500 in 5 years just like oil..

A third problem is the management listens too closely to the small investor boards and says things that are not achievable. I think it is a smoke screen to get rid of a bad daily headache.

I am content to sit and wait for the boys to do it themselves. They have learned a ppotful in the last 5 years and now that the geology puzzle is coming together will do just fine. JMHO