Timmins & Beardmore - Northern Ontario

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Message: Re: Patience

Jan 18, 2008 11:39AM

Jan 18, 2008 11:59AM
5
Jan 18, 2008 12:03PM

Jan 18, 2008 12:24PM

excelr8tor wrote:

"Correct me if I'm wrong, but isn't todays news
only a partial release of the drilling results
we have been waiting for?"

Yes exactly. Bigtime. Please excuse length of
this but I just started going on and on... in
the meantime I have re-affirmed by belief in
SGX so not a total loss :D.

Results released thus far are patrial results.

Some facts...

Jacobus - results thus far have accomplished
what they were supposed to accomplish (i.e.
proving up and expanding historical resource).
PLUS 6 holes remaining still to come. PLUS
4,000m remaining from original program. PLUS
money in the bank and drill confirmed for
massive 2008 drilling program including East
side (i.e. Golden Mile extension) drilling
and channel sampling and drilling (i.e. assays
pending).

Onaman - 7,000m drilling program has just
started. Money in the bank and drill confirmed
for significant 2008 drilling program to test
recent MAG, HLEM and other surveys indication
that Lynx zones are connected. PLUS Big M... a
previously unknown gold-rich quartz veins
stripping and channel sampling are continuing
(i.e. assays pending). IMO Onanan could turn out
to be larger than Cu-Ni Jacobus by the end of
2008 (if Au at Jacobus then obviously no).

Gold Hill - channel sampling only completed for
1 quartz vein structure present at Gold Hill
property (i.e. East, 45 channel samples).
Additional channel sampling is under way on
the West vein structure and on the four levels
above. Results in latest release only includes
channel samples assays greater than 10 g/t Au.
Tons of exploration/results yet to come. Veins
are exposed on the surface over a distance in
excess of 1.5 km (i.e. assays pending).

Sugarloaf - SGX expanding property block and
are planning an aggressive exploration program
for 2008. Contiguous with MNV-v Moly Dome where
assays pending from recent Phase 1 drilling
program completed Dec. 18th, 2007. Moly
mineralization was noted in all three drill
holes. MNV-v immediately staked more ground in
this area prior to drilling program.

Pony Spur - assays pending. Up to 4 900ft holes.
Could suprise us (i.e. assays pending).

I assume statements like... "All assays are
reported on the Sage website." will only be
applicable when new website is launched on
February 1st. This is a definite step in the
right direction IMO as a KXL-like website will
work wonders with respect to shareholder
satisfaction. Imagine, in exactly 2 weeks we
will be able to view complete results tables,
core pictures, drilling pictures, mag maps, etc.
The current SGX website seems stuck in the 90's
and an overhaul is ling overdue IMO. Exciting
to know a new one is one the way.

Market may not agree (right now) but SGX has
done and has been successful doing what they
have set out to do. The story is just beginning
and I am sure we will have many more days like
today ahead.

I am not a pumper. I am quite long on SGX and
have been for quite a while. I believe in mgmt,
I believe in the properties, I have done my
research and I believe 2008 will be another
breakout year for SGX. For the record I have
not sold 1 share. I am not a trader.

Also, as always, this is just my personal opinion
and I do not expect everyone to agree with it.
Open to comments and suggestions.

red911

P.S. I SHOULD work for SGX! :D Ha. Kidding of
course.

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Jan 18, 2008 01:47PM

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Jan 19, 2008 09:14AM
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