Dale G. commented in Zurich that Sans had good drill results on 007 between 1200 ft. and 1500 ft., and the drills were now deeper than that, and that these results would be announced soon. I believe the 43-101 related to 007 was from drill results between 450 ft and 1200.

Vein 98 and RL deep east, near the 26 level are at least 4500 ft. We have some 43-101 credit, only, for about 750 ft. of 007 with about 3300 ft to go, assuming 007 is continous with 98 and the new RL deep east, this could be another 2 million OZ. or more. And Dale G., who has seen the details of the unannounced drilling, said in Zurich that the deeper drilling continues to have good results. He, also said he was confident that 007, and the Hinge continue to depth. In addition, 98 and RL deep east continue deeper, in the opposite direction of 007, and are open to exploration. (Just, how far could they go ?) On the production side, the mill can be upgraded to 1800 tpd for (a measly) 5 mill., by replacing the crusher and enlarging the fine milled holding bin.

My take on this is that, from what we know from Zurich, SGR is as good a buy, relative to the probabilities, now, at $ 3.45, as it was at $3.05 before Dale G.'s presentation. SG's stock price seemed to have gotten a bit ahead of reality for a while, but this is rapidly changing . What's likely to be announced over the next 6 months is not, yet, priced in. I think our pony is about to run.

Mosey