Case in point:
Sage's sister company, (I say sister because they share the same office space and Patrick Mars is involved with both) CPN, announced yesterday the had doubled their resource estimate from 5.5 million OZ of gold EQ to 10.5 million oz of gold eq. Not only that but the Measured and indicated category went up almost 3-fold ... AND ... The new high grade zone is open in all directions including down.
Before the news the SP was at $.18, it jumped to $.21 on the news yesterday and closed today at $.17 on 105,000 shares traded.
I know you don't believe me Clint but it's all about the market and right now the market gives diddly squat about what juniors are doing, even the one's with proven resources. Sage could blow all the hot air it wants to and it will still go down to $.04.
From here on it's at least 6 months before we see any movement in Juniors ... unless the POG takes a sudden up turn and even then there are no guarantees.
I am actually considering going the way of the groundhog and filing my junior portfolio in a drawer until Feb 2. then I'll see how far away Spring might be.