The last portion of this post was written primarily for the folks over at the other forum but IMO does apply to some here.

When gold does really break out and many believe that paper currency as we now know it and the various exotic paper instruments that have caused so much financial woe are doomed to fall by the wayside. Actually the Chinese were the first to invent paper money. According to an historic article I read, no paper currency has ever lasted. All have gone down the tubes for a variety of reasons. However gold is still with us. Interesting to note that the original inventors of paper money are now among the worlds biggest gold accumulators. There has to be a wise old Oriental adage out there someplace, that covers that. Maybe it is as simple as, if plan, "A" doesn't work, go to plan, "B". LOL.

As for Sage Gold Inc. and the forth-coming pgm increase, where do we stand or perhaps better said, what will become of us? Whether you are pro Sage or pro doom and gloom regarding YOUR investment choice, we all have to admit that we do not know for sure where Sage will be. When gold goes up, will Sage Gold Incorporated be in the mix or in a fix? Will we be part of the projected [by some alleged expert analyst in NY] 60% of the juniors that will fail in 2009 or will the 'wise old sage' at Sage lead us on to victory? Most of us can say that the the current shareprice does not properly portray the value or potential of Sage Gold as opposed to the company screwing up the works and causing the dive in SP. However, most of us also believe that the company is solidly caught up in the financial woes of the world with regard to the SP. How is Sage Gold going to break out and become a successful takeover [if that is their goal] candidate with the odds stacked against them because of the downturn in the commodities in general and metals market in particular? I do not know if you are of this persuasion or not but I believe that across the board in the commodities sector, the sharp downward spiral has been rigged by those that wanted to bolster up or save the paper currency. [over one quadrillion in useless paper world wide] It is more than a coincidence that everything that is "solid" like oil, gold etc ALL went down simultaniously. So when the big guys like the FED's plan "A" fails [saving the toxic paper] they just might join the gold bugs and the world's holders of gold. That ladies and gents means that if Sage gold can continue to do what they have been doing and continue to come up with the sheckels, [money] we will not be in a fix along with the doomed juniors out there but will be in the mix of the successful juniors. So we have two IF's to contend with in this scenario, IF Sage Gold can continue to make some nice discoveries and IF we can continue to come up with the cash to continue on. I believe the answer to those two IF's is a resounding YES. As of right now we are a speculative possibility BUT I believe that, that catagory will change to a speculative probablity and then on to the winners circle. Until that time, the operative word remains SPECULATIVE. If we understand the definition of that word then we should not get nervious and shook up by current events. Remember it is we that chose Sage Gold among other companies out there, so if you do not agree with my assessment of what I believe will happen then it is you that made the incorrect speculative choice.

Best wishes,
Jerry Francis