Re: Sage Adds Strategic Properties in Beardmore
posted on
Oct 23, 2009 08:20AM
Focused on becoming a near-term Gold Producer
I agree there would seem to be more to this than meets the eye... that was an awful lot of property to pick up and announce in just a single news release. I am just seriously wondering how much longer this may take?... I mean how much 'prime property' is really left to stake? I know this map is a little old but there have likely been more property added by area players than dropped. Map is looking awfully 'full'. Not much left to claim LOL. Seriosuly. Maybe a major is seriously looking at scooping up this entire area before major discoveries are made?... unlike Red Lake... get in now 'at the cheap'... who knows.
Deals would definitely seem to be in the works... ONT-RMK an obvious example of proof of this... re: Ontex... have been drilling since July... most recently with 3 drills... no results released to date... we have seen the merger announcement as one likely reason for their silence... will there be more?... still no results out from them... sound familiar?... KXL has also not released anything for quite some time... where does SGX fit into all of this?... SGX has yet to find anything comparable to KXL or ONT... yet... at least that we know about... but their land position is enormous and do have many high quality prospects... RMK has a mill... almost seems to obvious that all of these companies should get together... each one has pieces of the puzzle... although the 2 most obvious companies have already announced plans to merge... ONT (NI43-101) and RMK (mill)... who will be next?...
Any bets on who will be in on the next 'deal'?... a competing bid for either RMK or ONT?... SGX-KXL?... ONT-RMK and SGX?... i.e. create a competitor for KXL land position?... ONT-RMK and KXL?... all four?... a major?... don't forget about ATV... so many possibilities... IMO SGX-kXL could be next... create a company with a MASSIVE land position... doesn't KXL still need a CEO to replace interim-CEO Terrance King?... i.e. Nigel Lees?
red911