Timmins & Beardmore - Northern Ontario

Focused on becoming a near-term Gold Producer

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Message: Re: Silence was golden? mark1
10
Feb 09, 2010 10:32PM
5
Feb 10, 2010 08:41AM
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Feb 10, 2010 08:54AM

Exploration guy

Thank you for you explanation. I certainly do not understand the economies of scale of the exploration, mining business. Based upon your explanation it sounds like patience will be a virtue(if something is found) and it could be a while. At 4 cents/share is money better used elsewhere? not really- at 4 cents what can you buy? I guess you have to look at Sage as a 4 cents/share risk or a tax loss to offset a larger gain in something else down the road.

The thought of an instant gratification or big find in the short term was misguided information of reasons to buy this stock in the past or Sage could not find what they wanted to that fast with the limited resources of Sage Gold. The reality of this stock is that it should never have been selling at 20-30-40-50 cents per share and that Sage is just another exploation company in Canada among 100's of others with a story.

Sounds like you should just put this stock in a box on the top shelf of your closet and press on with your life. The price will tell you when to take it out of the closet, not what is read on Agoracom or spoken by management.

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