Potential
posted on
Apr 19, 2007 12:14PM
Focused on becoming a near-term Gold Producer
Hers my take on Sages properties and the news that may or may not come out from these properties. This is what we get for .12, as long as the PM markets remain steady and don,t crash
SGX ha s litle downside here and huge upside , no doubt Anglo sees this and will be patient.
There is no political risk here and the weather is a minor concern for most of their properties.
Jacobus and Onoman possibly can go into production late 2008 with poitive results, Nickel at Jacobus , Gold and Silver and Onoman, the wild card being platinum and paladium at Jacobus (maybe yes maybe no).
Nevada can be blue sky potential with Grandview showing 1 million ounces , 1 mile away, the Rob McEwen effect there won,t hurt either.
Kerrs JV, will be funded by JV for 3 years and should build up a resource in time, also funding provided to look at Malartic and Chibougamau claims in quebec as hardlook pointed out prior Malartic in a hot spot.
GOLD Hill another work in progress hopefully they make headway ASAP like they did at Jacobus and Onoman.
Big Bend not sure if anything planned for there.
The deal with Diagnos, for Nicole property, not sure if any work planned, but it is in a nice area, more property may be available from Diagnos .
Management is top notch, Mr lees has surrounded himself with quality people. TVX gold went from pennies to the NYSE and being taken by Kinross .
Promotion is needed and the company over the past year has made efforts to promote , with webcasts, doing the shows, trips to europe etc. Results will dictate our future but all this fo .12.