Timmins & Beardmore - Northern Ontario

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Message: Sage Drills 5.75 g Au/t Over 5.19 Metres-Pillars

speaking of keeping it perspective ... these results are not bad. They are certainly minable widths but 3 holes will not make a mine. Compared to early results from the RMK/PG hardrock project, they are pretty good... but they've been drilling the HR project for over a year.

We shouldn't be too surprised that these results are not moving the SP. There have been a lot of people waiting for volume to dump shares into ... we'll need a few of these releases and hopefully some better results to do anything.

The biggest concern we should have is cash. Sage can't continue to drill out projects like this (with expected results) without some more major dillution ... The next NRs over the coming weeks will paint a better picture of what is or is not to come.

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