w6w wrote: "I think that basically sums it up for SGX on SE corner, its taken us 5 months to get to the point where we are about to drill."...

My question...

Would SGX (or any other company for that matter) drill without some indication that drilling is warranted? (i.e. positive channel and/or grab sampling results?; visible gold?; previous results?)

All that 'we' know (thus far) is that there is an interesting mag signature (i.e. comparable to Golden Mile) combined with multiple quartz veins on SE Jacobus... that's it... is that enough to warrant drilling? Typically not. Maybe combined with proximity to Golden Mile makes SE Jacobus viable drilling target?... But where would they drill?... They'd need 'something' to guide the drill... wouldn't they? Maybe they've found 'something'?

Just something to think about... as per SGX website...

"Jacobus - exploring SE section of Jacobus for gold mineralization; drilling will commence late May/June '08"

red911

P.S. IMO today's late action will continue into next week... leading up to mid-May KXL and SGX NR(s)... bottom is in... upticks from here... JMHO.