w6w:

Totally agree. OPM strategy often win-win. Take Kerrs option agreement as an example... SGX retains 45% interest in property; SGX has option to acquire significant shares (i.e. 13%) of soon-to-be publicly traded company at significant discount; SGX remains operator responsible for all prospecting, exploration, development and mining operations; SGX will receive 15% exploration expenditures as a management fee; AND SGX has a 'back-in-option' which will allow SGX to maintain operating and ownership control of the Kerrs property. If/when significant discovery is made at Kerrs, SGX is well positioned to benefit significantly with minimal cash outlay. Win-win IMO.

Maybe something SGX is considering something silimar for Gold Hill?, Pony Spur?, others?. Maybe eventually SE Jacobus JV could finance Onaman production decision? Or vice-versa. Who knows. Fact is SGX has properties that have appeal/value and that is all that matters. SGX has options. The future is bright.

red911