As much as gold prices will not directly effect Sage today, I think it's safe to say that everyone agrees gold will rise. Where we don't agree is when and how fast. Sure there's a run right now and for good reason but there will be pullbacks and it will be some time before it REALLY runs.

So Looking forward a few years, a higher gold price will have an effect on Sage in so far as what determines a project of merit. It wasn't long ago when a junior needed at least 1 million oz. before anyone would even take a look. If gold goes higher and stays there then mining becomes economical at lower grades and with smaller deposits.

time is the key