Good morning M. I do take the opposite view but in light of another 'conspiracy theory' that is rapidly becoming a 'conspiracy fact', [the US dollar debacle] I believe that we are in the right sector and of course the right stock. You might want to read the highly respected Jim sinclair articles. Juniors and majors and gold have to be held down by the main stream business/political crowd because it is completely opposite to their printed currency that is backed by 'trust me'. [thin air] Gold goes up and gold and other base and precious metal stocks go down. Ex. North American Palladium, a large producer, had great earnings and the stock went down. We are not even producing anything, so to me, it is not a surprise to see our stock down. Of course we can't blame world events and America for everything. Sage still has to make some good hits but I am deeply concerned that the conduct of the big [and small] businessman has gotton us in trouble big time. When, not if, the refuse hits the fan, I expect to see major and junior commodities [including gold] dive BUT many of the good companies will rebound. We will see gold at 1600 oz and probably more.

All the best,

Jerry