Timmins & Beardmore - Northern Ontario

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Message: Great results...

Great results...

posted on Jan 18, 2008 05:50AM

These results were great and exactly what was expected.

As stated:, current drilling is designed to:
1) test lateral and down-dip extensions of an historical
nickel and copper resource (first 4,000m - complete)
2) to explore the continuity of gold mineralization
discovered during the summer 2007 drilling campaign
(second 4,000m - to begin Feb 2008)

Objective 1) has been completed. Mission accomplished.
Remember, KXL results did not come out until SGX had
already planned and started Jacobus drilling campaign.
SGX has adjusted the campaign accordingly to include
Surface stripping, channel sampling and drilling on the
Eastern side of Jacobus (i.e. Golden Mile extension).
This is objective 2). This will/is being done it just h
as not yet been completed. Patience is required.

"Thirteen diamond drill holes totalling about 4,000 metres
were drilled in the fall of 2007 and drilling is expected
to resume in February, 2008."

3 holes reported in new release were great.

Assays are still outstanding for 6 holes... FYI they don't
send cores for assays in there is nothing in them.
Therefore, SGX hit on on 9 of 13 holes, and great grades
and widths thus far (i.e. 3 reported in release).

What's coming... not exactly in this order...
- Pony Spur results
- Onaman results
- New website coming Feb 1, 2008
- Nigel Lees being interviewed next week
- Surface stripping, channel sampling and drilling on
Jacobus (i.e. Golden Mile extension)
- Agressive drilling throughout 2008 on Sugarloaf,
Pony Spur, Jacobus, Onaman, Gold Hill, etc?

2008 IS GOING TO BE A GREAT YEAR!

Keep up the great work SGX.

Very long.

red911

P.S. Just hit 32.5 cents. Tremendous buying opportunity
IMO. I say we end in the green today post flush-out.
More smart money in today... always a good thing.

P.P.S. Who's buying and who's selling today?...
Canaccord likes the results ~+330k selling very few...
Hummm... who could that be?!? Stay tuned.
RBC (i.e. retailer) really only big net seller other
than usual suspects (i.e. TD and Anon).

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Jan 18, 2008 05:52AM
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Jan 18, 2008 05:54AM
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Jan 18, 2008 06:02AM
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