Will the focus of the drilling be changing now that, through the Puma merger, Kinross is on board? Will their added expertise help to define high-priority targets or are they more interested in getting inside information on the deposit without boosting the SP, so as to be able to acquire more shares quietly without attracting the attention of another major?

The market seems to not have noticed, or has not awakened to the fact that through this very different approach, a major IS on board here. Had they acquired their 6% stake in Sage by another means, this board would be simply buzzing with excitement at the prospect of being bought out, and we'd have johnny-come-latelies jumping on board to participate in the perceived gravy train.

Or is the gold market just so deflated for the moment, and retail has their collective tail between their collective legs that they can't see that things are poised to explode, according to all the gold experts anyways ( Sinclair, Alf Fields, Martin Armstrong etc). And the majors are ALWAYS several steps ahead of the general public at any rate. Perhaps the big boys are positioning themselves for what they know is imminent, and these bargain-basement prices are about to end. And you can bet your bottom dollar that once the majors have their stake that they've acquired on the sly, they will have absolutely no problem telling retail to "Come on in, the water's fine" at higher prices than what they paid.

Something to think about anyways. But it's off to work for me, so I'll catch up on all the comments later.

GLTAL