Timmins & Beardmore - Northern Ontario

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Message: Re: Quartz-carbonate...
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Oct 07, 2008 08:49AM
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AGORACOM
Oct 07, 2008 08:50AM
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Oct 07, 2008 09:05AM
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Oct 07, 2008 09:14AM

mibmib: re: money to continue drilling/exploration?... I have no idea... I guess that's the 'million dollar question' LOL. But seriously, I have 100% confidence in mgmt and I am sure something is in the works. They have enough right now to trench, strip and sample until 'the snow flies' and that's what they are doing. IMO right now SGX only needs a small amount of money ($2-3 million) to finance a single round of Golden Extension drilling. This is not a large amount of money. When companies go to look for cash, risk is one of if not the top consideration for investors. I think it's safe to say that given what KXL has and we have that the risk associated with drilling Golden Extension is relatively low. IMO this is no longer a typical exploration program. SGX Golden Extension is practically a discovery.

JMHO.

red911

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Oct 07, 2008 10:42AM
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AGORACOM
Oct 08, 2008 10:40AM

Oct 08, 2008 11:01AM

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Oct 08, 2008 11:14AM
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Oct 08, 2008 11:29AM

Oct 08, 2008 11:51AM
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