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Message: For what it is worth

For what it is worth

posted on Oct 10, 2008 07:28AM

Spoke to Shawn a few minutes ago. Routine due diligence call on Tuesday next week. The deal goes ahead at $1.50. Only risk is if underwriters go out of business. Asked directly if financing was safe and he replied, yes.

Now this is interesting. Just on the Hinge #4 zone between 200-1000 feet the 43-101 will show about 1.2 million oz; 600,000 indicated and about 600,000 inferred. Not sure how he could tell me this, but call him yourselves at the 1-800 on SGR's website.

Keep in mind this does not include any drill results since our last 43-101 in 2006. So, it seems very likely come end of November, beginning of December we should have 3 millionozs accounted for.

Hopefully this is all true. Could use some good news today.



Cheers


Oct 10, 2008 07:40AM

Oct 10, 2008 07:40AM
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Oct 10, 2008 07:43AM

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Oct 15, 2008 07:39AM
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