Re: Sage's IR department
in response to
by
posted on
Jan 09, 2008 11:25AM
Focused on becoming a near-term Gold Producer
Lovinlife...
??? I'm just regurgitating what Mike has told all of us... how many times have you heard news next week.... news soon...
I know Mike is a straight shooter. I also know he is very frustrated because he can't do the job he wants to do. He is pulled in too many directions.
I didn't say they need 4 IR people... but as a business owner I understand the concept of opportunity cost. If Mike is having trouble keeping up with the work load now, what is going to happen when their drill program for this year kicks in?? Oh yeah... did you know that he also does the IR for CPN... and they are getting busier too. For those of you that don't know... that explains his trips to Europe. Surely they can hire 1 assistant for him - split the costs between the two companies.
So... now it would appear that they are going to do one large NR and release it next week or at the show. Just in time to catch the fall out from all the brokerage and bank quarterly earnings announcments from our imploding neighbours to the south. This solves the problem of not having the time to create several NRs... but blows any opportunity to generate serious momentum from several well timed rapid fire NRs, a.k.a. KXL style.
As a sharesholder, I'm interested in making money and maximizing the value and potential of the properties we have. If we did that... we would have more money for exploration, higher PP and ultimately deliver more value to all sharesholders in a shorter time frame. But... that is just me, you seem to be content with the slow burn. Thankfully SGX secured some working capital for this year before everyone realized the US was in a recession.
Perfect SGX timing at work again.
mz