Timmins & Beardmore - Northern Ontario

Focused on becoming a near-term Gold Producer

Free
Message: Gold's projected upsurge and Sage Gold.

Re: Gold's projected upsurge and Sage Gold. - Jerry

posted on Dec 15, 2008 11:47AM

Clint,

Let's be honest here. I don't believe that Sage is .05 because of company failings any more than I believe that virtually all resource stocks , producers or explorers,are failures. Kodiak, Teck Cominco, Noront, Potash ,Agrium etc,etc, are all down for very well known reasons. The small explorers get crushed even more so due to their inherent speculative nature. Sgx is indeed speculative, but like virtually all others time will ultimately tell if our investment was a wise one or not. I have not seen any nr's saying, " sorry folks,we found nothing and we think we are just wasting our time ".

It is a rough time for equities period, but unless you were smart or lucky enough to liquidate your holdings before the big meltdown, you will just have to wait it out. I am not pumping or bashing sgx because I haven't seen the final chapter yet. So far the story has been interesting but I'm hoping that final chapter is a real thriller! Rico

Share
New Message
Please login to post a reply