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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

Post by Digger0144on May 18, 2021 12:43pm
181 Views
Post# 33222490

CEO Giulio Bonifacio...."Merger"

CEO Giulio Bonifacio...."Merger"Mergers are a way for companies to expand their reach, expand into new segments, or gain market share. A merger is the voluntary fusion of two companies on broadly equal terms into one new legal entity. The five major types of mergers are conglomerate, congeneric, market extension, horizontal, and vertical

He did mention it in his latest presentation.

He also stated that the share price is "grossly undervalued."

The way I see it is that with the right and cooperative equal they can "pull it off"...pull what off?

On slide/page 5 of the Arizona Gold presentation you will notice that they have 69.2 million warrants available at an average exercise price of $.21 each...that works out to 14.53 million dollars Canadian if exercised...these funds will be more then sufficient to finance all preproduction requirements...very nice!

Working in close collaboration with each other the merger partner will "fill the gap" sort of speak in terms of the true value of Arizona Gold "grossly undervalued" which in my opinion will be market friendly and very much acceptable.

Let us choose the lower end of my price target of $.28-$.30...
The merger price will be $.28 per share in "paper" shares not cash from the merger partner.  I am going to focus on the warrants only.
69.2 million warrants @ $.28 each (paper)...total is 19.38 million dollars.

Now...the holder of the warrants... totally without risk due to a legal, in writing guaranteed offer will exercise the warrants to receive the premium and support the company moving forward...remember most of the warrants are in the hands of  very supportive shareholders..nice!

There you have it...69.2 million shares @ $.21...$14,530,000...your funding is complete...not at the current $.13 and dealing with shares that were issued in past private placements.

Another beautiful thing about this is the once the warrants are exercised the merger entity would only of paid $.07 per share for the 69.2 million warrants (now shares)...69.2 X $.28 = 19.38 Million (paper) subtract 69.2 X $.21  = 14.53 million (cash)...total purchase price 4.85 million.

They could "pull this off"...it is not a stretch...the insiders and such have been supportive thus far...why not continue...the upside moving forward is significant.

All the Best!
Digger0144


Corporate Presentation – Arizona Gold Corp. TSX:AZG (arizona-gold.com)





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