Timmins & Beardmore - Northern Ontario

Focused on becoming a near-term Gold Producer

Free
Message: Re: Sage Gold B-tv Feature
9
Oct 29, 2009 12:56PM

Oct 29, 2009 02:02PM

Oct 29, 2009 02:31PM

Thank you Goldhaven. So Sage's business plan is:

1. build Sage into a medium sized Gold producer over the next 3-5 years

How can they do this? Nigel says"With right acquisitions, Sage believes that financing is available"

SO ----with financing they need cash flow---RIGHT??. Only way i know is if someone gives them $$ for something they find OR the stock hopefully goes higher and $ come in thru warrants, which gives them money to LEASE property AND DRILL. As time goes by and Sage is right about gold prices going higher, the property left to lease would be at a higher price-right? So i do not see this Sage scenario playing out unless something good happens by the end of next year or sooner. Just a wishful shot in the dark.......


Oct 29, 2009 04:17PM

Nov 04, 2009 04:11PM

Nov 04, 2009 04:18PM
Share
New Message
Please login to post a reply