Thanks w6w. I always keep an eye on all our neighbours but the recent 4-day movement over at EXS-v has been nothing short of extraordinary. Closing at highs for four consecutive trading sessions on increasing volume each and every day.

EXS-v assays pending must be spectacular. Let's hope the assays everyone is getting excited about concern their 'Eastford Lake' property as this property is contigous with our Kerrs property. EXS-v does have a few other projects underway but the latest release re: Eastford Lake (May 6, 2008) indicated a "40-metre-long mineralized zone" w/ 2 drill holes pending. That was 1 month ago... likely these results are what is causing recent frenzy IMO. Their other properties just started drilling and/or recently released results.

IF EXS-v has hit big at Eastford Lake, IMO SGX is a very serious area play and we should see some price movement to reflect that. Kerrs used to be SGXs only property in Ontario and has only been through 2 phases of drilling (2005), with the 3rd currently underway or almost underway. 2005 seems like a long time ago... but SGX did not forget about Kerrs in the meantime. SGX has been very active staking, increasing their land position from ~2,200 acres in 2004 to 18,883 acres in Feb 2007 (maybe even larger now)... for comparison EXS-v Eastford Lake property is ~7,657 acres. In addition, during that time, SGX has formed an excellent relationship with the Wahgoshig First Nation and Sheltered Oak Resources. They signed an MOU with Sheltered Oak that "sets the stage for all three parties to move ahead with drilling on the Kerrs gold property". The following release explains this very important step in greater detail:

http://paguntaka.org/2007/09/28/mini...

As we can read from SGX website: "There is compelling evidence that the “East Ford Lake Gold boulders” were glacially eroded from subcroppings of the “Kerrs Gold System”. Glaciers are massive and advanced and retracted over this entire land package many times. If EXS-v hits, it is likely part of the same system (that SGX has already started to discover). Therefore, potential for this to be huge is significant.

SGX already has a few 'high-profile' neighbours: KXL-Jacobus; GVX-Pony Spur; MNV-Sugarloaf... EXS-v could easily be added to that list. Stay tuned!

P.S. They can drill all year round at Kerrs.

red911