Nice post Chrism. I agree that the news report that first met our eyes was by far the least of the reports to come. The Kodiak and Sage reports were great and under normal market conditions would have likely moved us up.

My biggest concern nowadays is the naked shorting that goes on. I don't understand why it is not illegal with serious reprimands (aka- no slaps on the wrist for screwing everyone elses investment up) that are followed through with. I know that many of the times the companys find a way of sweaking out of thier corners and the investors again nada.

Here's my hope right now. I want soooooooo much for Sage to move up. So much I'm selling other stocks to buy in on the dips. I don't mind if it cycles .10 regularly at the .39 to .49 cent range for the next 6 months as long as I can time it and build my core position. In any event we steadfast Sage longs will be rewarded well with our patience. All we have to do is look next door to Jacobus and look at Noront's rise in August 2007. Retracements happen, mostly due to overzealous buying sprees, brought on of course by the herding effect (if Joe buys a 1,000 shares I have to buy 1,000 shares and so on and so on). Once the euphora of any news wears off the stock will likely level off somewhere between where the prenews price sat a week before the news and where the news put the new resistance point for the stock. It's unusual that stocks go straight up but I always get the feeling investors don't like to see the correction.

The most important lesson an investor can learn from Warren Buffett is to check out the company, invest what you can afford and are willing to lose, and then WAIT!!! Mr Buffett sees the biggest investment error made out there is people always moving their portfolios around. All your doing then is missing your opportunities.

We'll all do fine. This stock is going to get very hot. Nothing has indicated otherwise except say the economic climate, subprime woes and recession fears moving the market over the last few days.

Speaking of the recession I heard that it should be short. It's more like a correction in the overall US market... a cooling down from outrageous prosperity to prosperity.... I don't think we'll see much more than the side effects of that on our market. Banks will droop, particularly those with US takeovers. Minerals will always do well, however manipulation has always been a mainstay in this sector. We can all run scared and hide with our money, or like a house we can ride the rough times and accumulate so that when we break out of the recession we will have gained significant holdings at bargain basement prices. So......... either we go up and our current shares grow and mature... or we go down and we build our core positions so that the next upswing will bring even better times down the road for us. The dips can be a life saver for those who can't afford to buy in large bulk. Get it while you can. I don't see us going under .35 cents. The results will see how high we can go, even with the big pressure from above on all of the stock market.

Sage is a rockin stock.... Gold is rocking too... Going long and strong.

MM