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Message: Re: Sage News!! -- Drilling to begin in June.

Second Time Sending this reply!!!!!!!!

Sage has a tiny drill program. KXL has drilled over 60000 metres and the market wants more!

A 3000 metre program will not have very much deep drilling (3 holes?). The market is also telling KXL that it wants more deep results.

Since SGX is right beside the Golden Mile drilling on the same structure, they had better hit the motherlode ASAP. When I look at all the reasons why the market is holding down KXL's share price - these same factors will impact Sage and their tiny drill program.

And if the market wants deep drilling from Sage, they will have to go out and find more $$$$. How will this impact their share price?

Good news that they are drilling, but they have lots of work ahead of them.

KG


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Apr 16, 2009 01:16PM

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