SabinaSabina can go down if POG is down, is market sentiment is down, if they don't hit their milestones in the construction, if they overspend, if they don't hit GOLD at George project, a market crash, etc.
They can go up based on the opposite of the above.
Sabina is IMHO undervaued based on the facts that they are fully permitted, in safe jurisdiction, are fully permitted, have a high grade open pit, have potential for growing reserves. But they are also in a remote area that can scare investors retail or commercial. What will happen to parameters they don't control?
It is a high riosk high reward. It might be taken over but majors have been careful with the exception of Kinross maybe when it bought GBR. We have seen mine builders go overbudget (inflation) or struggle with their mines. Think PGM, VGCX and even AEM with Meliadine.
I am playing the long game. I add on weakness and hope for the best but yes SBB can go below 1$. But it can also go to 6$ in a few years.