Re: Someone just bought a bunch...
in response to
by
posted on
Aug 26, 2009 05:37PM
Focused on becoming a near-term Gold Producer
SGX was an area play of KXL's golden mile back in 2007. SGX is currently attempting to prove up that their Jacobus property is actually an extension of the original KXL find. You should be able to see KXL halt in October of 2007 and then a release of quite decent grades. SGX shares popped up to $0.80 shortly afterwards.
Based on SGX's latest "released" samples from Jacobus, there is gold on the surface, the current drill program is looking to follow up on that.
Hope this helps and welcome to the board!
Goldhaven