As far as the SP goes, I do not have faith that it will immediately go up simply based on the very good news we got today and whatever we get from the Golden Extention. I do however believe that the NR's will be solid building blocks that are being put into place. At just the right point in time regarding both Sage and the market, we are IMO, going to be taken out. Ordinarily Sage Gold would have to do much more work in developing the various properties and projects but I am speaking with reference to the signs of the times. My hopes for both my investments is that this will occur before year end. I say that for two potentially [note that disclaimer word, lol] solid reasons:

1- IF [of course IF] the US dollar 'collapses' and paper currency throughout the world comes under heavy attack [worlds paper debt is over one quadrillion dollars] and that results in further investor losses and panic comes into play, IMO people will flee to what they hope will help them to recover and that will cause the precious metals prices and majors share prices to soar and so will the share prices of the viable and sought after juniors.

2- Even though the majors want the juniors to go for the expense of exploration and proving up the goods they have before they even entertain the thought of a 'sit down' with a junior; given the signs of the times, I do not believe that the majors will want to pay a heavy premium AFTER THE UPWARD explosion of the precious metals market BUT will be looking toward acquisitions before the 'horse gets out of the barn'. [The paper money debacle further explodes or implodes].

I know many do not believe that the above is a valid hypothetical rendition of future events but my 'opinion' is based on good Authority that regretabaly is not the subject matter for discussion on this forum

Best wishes,
Jerry Francis