just spoken to sage

OK everyone this is right off the press. Recent increase in SP is only attributed to new discovery, apparently twice the size of original deposit, new discovery lies on a another tenement, which will be totally bought at end of october. They have buyers waiting to buy the cfe project if ding deal does not go through. He did say that he now hopes the deal does not go through as he would be giving away a lot. He said you could ring around a lot of brokers and get their opinion as to if deal would go through, he said in their opinion no, deal would not go through. He does not know just like the rest of us if this guy would front up and pay, cause the 4.6 mill payment was payed at 1650 on the 31st of august, and this just may be the case again. If the deal does go through he said SP would settle around 90c. The new discovery is yet to be drilled and it just maybe haematite but probability has it as magnatite due to a similar footprint as the 2.5 bt deposit. He said if deal does not go through SP would fall around 20c. Hope this all helps, cheers NB