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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 StrikeGoldon Nov 08, 2022 11:21am
116 Views
Post# 35082094

RE:RE:RE:TWO CENTS! hahahahaaaaa!

RE:RE:RE:TWO CENTS! hahahahaaaaa!

Everyone here knows exactly what has happened and why the price has dropped to the ground.  Management repeatedly failing to deliever on just about anything it has promised over the last two years.   A complete change of management is the best hope for this stock.   The share consolidation should have happened a long time ago.

It's amazing how gold just sitting on a heap leach pad is almost equal to the quantity of past gold mined at Brewery.   If management had done nothing else but come up with a plan to extract this gold, it would have increased the value of the company just by itself far more than its current market cap.



https://www.miningnewsnorth.com/story/2020/07/17/news/accelerating-plans-for-brewery-creek-mine/6358.html

"Both reprocessing and newly mined material will use the same crushing circuit, heap leach pad, ADR (absorption, desorption, regeneration) plant, power supply equipment, assay lab, machine shop, warehouse, office, camp facilities and other assets." said Lee-Sheriff. "Key to this evolved strategy is the phase 1 assessment that the original heap leach pad is in excellent condition for early reuse."

The comprehensive feasibility study for reprocessing material stacked on the heap leach pad and mining new oxide gold mineralization is expected by the end of 2020.

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