While companies have to include the below into their NR's, it is not to be construed as a negative statement because at this point in time it is a fact. However, the paragraph along with the entire NR' shows clear evidence that Sage Gold has something worth pursuing and we haven't heard the entire Sage story by a long shot. I can't wait to hear more about vein 9. I 'suspect' [good word] that we will not be waiting to much longer for that info to come into the public domain.
All the best,
Jerry
-------------------------From the sage news release of today--------------------
Mineral resources that are not mineral reserves do not have demonstrated economic viability. Mineral resource estimates do not account for minability, selectivity, mining loss and dilution. These mineral resource estimates include inferred mineral resources that are normally considered too speculative geologically to have economic considerations applied to them that would enable them to be categorized as mineral reserves. There is also no certainty that these inferred mineral resources will be converted to indicated and measured mineral resource categories through further drilling, or into mineral reserves once economic considerations are applied.