Tau

I don't think that you understand the KXL corporate structure when you come up with postings like this..

First of all no one can take over KXL unless the majority of shareholders vote in favour of it..which ain't a gonna happen with the insiders holding more than 50% OF THE COMPANY..

Next Alto is going for 3 cents a share and I am a share holder and is a very poor junior mining company with not much chance of ever being more than a dollar stock..

Sage is next with maybe a piece of the golden mile which hasn't proven up anything on anyone's claims..and is flogging stock Private placements with warrants that have the company so diluted that they may never be more than a buck stock either..

And here is an example of this..

Why buy them out...??

Wait til they go bust..which they will and their claims lapse and we'll jump in and take over their claims anyway..

We are NOT an acquirer of properties ,but are in the Market to sell some....at hugely profitable mounds of cash..

The way I see it anyway..

TORONTO, ONTARIO--(Marketwire - Oct. 20, 2008) - Sage Gold (TSX VENTURE:SGX) (the 'Company') is pleased to announce that it has closed a non-brokered private placement of Cdn $1,250,000 through the sale of 10,000,000 flow-through units at $0.125 per unit to MineralFields Group.

This placement is in addition to the previously announced placement of $1,950,000 under the same terms and conditions, for an aggregate flow-through financing of $3,200,000 of a proposed $3,750,000 financing. Each unit consists of one flow-through common share plus one-half of one share purchase warrant. Each whole warrant is exercisable at $0.20 for 24 months from the Closing Date of the offering.

First Canadian Securities®, a division of Limited Market Dealer Inc. was paid a cash finder's fee of $72,000 and was issued 768,000 broker warrants equal to 8% of the units sold pursuant to the offering.

If the Company's common shares achieve a closing price of $0.30 or higher for a period of 21 consecutive trading days, the Company may, at any time after the expiry of the hold period, notify the warrant holders that all unexercised warrants will expire 30 days following the date that the notice is issued.

All securities are subject to a four month hold period which expires on February 18, 2009. This financing is subject to final approval of the TSX Venture Exchange.