Re: Welcome
in response to
by
posted on
Oct 08, 2008 08:15PM
Once API announces the immediate production levels of it's recent drill program (this week or next week(I hope)) and Sage shows it's cash flow levels in it's next quarterly report. And some sense of normality starts to return to this crazy market place. Then eventually Sages valuation should reflect it's new position. The only differnce that the API listing will make is awareness in the market.
I can't give a time scale because no companies are being rewarded for any good news. However 1 - 3 years from now a really good picture should begin to emerge.
Also it wil depend a lot what the management of Sage decide to do with the cash flow. News releases should help to answer that as time goes on.
This is a speculative stock but one that will produce cash and not simply an exploration company.
I'll do some more digging for their longer term aspirations....