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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.
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TSX:SGLD - Post by User

Comment by StrikeGoldon Jul 07, 2022 12:58pm
125 Views
Post# 34808792

RE:Ask is DOWN, near 5 year low today for Sabre Gold ๐Ÿ‡จ๐Ÿ‡ฆ๐Ÿ‡บ๐Ÿ‡ธ

RE:Ask is DOWN, near 5 year low today for Sabre Gold ๐Ÿ‡จ๐Ÿ‡ฆ๐Ÿ‡บ๐Ÿ‡ธ GPB, the points you listed are the reason the share price is down:   Prior promises by management not kept.   

The main one of course being funding and restart at Copperstone (timeline continuously pushed back, and ever more money needed for it to happen), and one other I can think of being a drill program that was supposed to happen this summer at Brewery Creek.  Note that every single town hall the CEO makes promises that are not fullfilled, and then claims to be shocked why anybody would want to sell at 10 cents back a year or two ago, and now below a nickel.
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