Timmins & Beardmore - Northern Ontario
Focused on becoming a near-term Gold Producer
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Message: Sage Gold B-tv Feature

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Re: Sage Gold B-tv Feature

in response to Sage Gold B-tv Feature by Goldhaven
posted on Oct 29, 09 03:11PM

Thank you Goldhaven. So Sage's business plan is:

1. build Sage into a medium sized Gold producer over the next 3-5 years

How can they do this? Nigel says"With right acquisitions, Sage believes that financing is available"

SO ----with financing they need cash flow---RIGHT??. Only way i know is if someone gives them $$ for something they find OR the stock hopefully goes higher and $ come in thru warrants, which gives them money to LEASE property AND DRILL. As time goes by and Sage is right about gold prices going higher, the property left to lease would be at a higher price-right? So i do not see this Sage scenario playing out unless something good happens by the end of next year or sooner. Just a wishful shot in the dark.......

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