Agreed dmaster, this is a mini nr clearly as the market really didn't seem to take notice at least with respect to the sp.
I would have to think that this stock is still quite speculatory as we haven't yet even started drilling, none the less proven up any substantial gold in the ground. Agreed, there will be no bidding and re-idding, etc., etc. but in my opinion this move was to position SGX for the upcoming drill program. Its if we do prove something up that the serious bidding will begin and majors will begin to take a serious look, at least IMO. Sage is obviously on the radar, just need a little more time to tell.
Cheers!