Timmins & Beardmore - Northern Ontario

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Message: This is very good news for 2008 but it is NOT an NR

This is very good news for 2008 but it is NOT an NR

posted on Mar 12, 2008 05:48AM

Most of the time juniors have to claw and scratch to get available funds for their projects and administrative costs. In case any of you folks did not know it, Sage has 8.5 million dollars in the bank and 7 million of it is earmarked directly for 2008 exploration and drilling. Around $100,000 is set aside for administrative and other operational costs. One less thing to have to be concerned about.

Regarding NR's. we will be getting news throughout the year B U T do to the past harrassment regarding the time frame, DON'T look for any advanced notification. I just ain't going to happen folks.

The authority for the content of both of the above paragraphs is the company.

Best wishes,

Jerry Francis

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