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Sabre Gold Mines Corp T.SGLD

Alternate Symbol(s):  SGLDF

Sabre Gold Mines Corp. is a Canada-based gold producer in North America. The principal business activities of the Company are focused on exploring and developing the Copperstone Mine (Copperstone) in La Paz County, Arizona, United States. The Company has a 100% leasehold interest in the exploration and development stage Copperstone Project, which encompasses approximately 12,258 acres of surface area and mineral rights in La Paz County, Arizona, within a 50 square kilometer land package. It controls over 546 federal unpatented mining claims and two Arizona state mineral leases which together comprise the Copperstone Project area. The federal claims cover approximately 10,920 acres. It also holds other investments and projects at various stages of development.


TSX:SGLD - Post by User

Comment by easycoderon Mar 21, 2023 9:46am
98 Views
Post# 35350916

RE:Feel good

RE:Feel goodAgree (sort of) or less apprehensive anyway. They're doing what they can with the project and the balance sheet. I just hope Sheriff stays away and keeps working on his Uranium company. As for financing, they already got through maybe $12 mill of the $18 mill loaned to start the mine.  Debt financing is never ideal but better than a JV with massive dilution. I think everyone knows they're looking for money. The story is better now than it was but still an old story.  Needs Gold to cross $2000 deciisively and stay there. My 2c.

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