Just saying, that at present, the game is being played out, various moves between SGR and the Institutional shareholders, and the result is today's action - speculative buying.

Agree that a take-out at these prices is a robbery - if you tender. However, I would continue to particpate in the development of this deposit. Maybe just a change in who calls the shots on paper (officially).

Perhaps a bluff, prior to the AGM.

SGR has laid out its development plan to 2013. I'll have a position and wait to see if these skinny veins lead to the nuggets similiar to G - the pencil.

I beleive Ned was one the initial investors at Kirkland Lake and made a mint.

SGR may be the next district.

Gold Alert web site - SGR advertisment 'Canada's Newest High-Grade Gold District'