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Sabre Gold Mines Corp T.SGLD

Alternate Symbol(s):  SGLDF

Metals & Mining Gold
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

Sabre Gold Mines Corp > Gold hits 8-month peak But Sabre Gold languishes🌙
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Comment by GoldenPolarBearon Jan 10, 2023 7:14pm
126 Views
Post# 35214651

RE:RE:RE:RE:Gold hits 8-month peak But Sabre Gold languishes🌙

RE:RE:RE:RE:Gold hits 8-month peak But Sabre Gold languishes🌙

If they don't get the Copperstone Mine into full high-grade gold production producing well over 40,000 au oz per year within at least two years this company will clearly not be able to pay, furnish or repay their multiple debts!


Beyond frustrating!
 

I do agree with all of your points but I think they lack the funds to drill and properly expand the Brewery Creek Mines...

Only a gold price holding well above $1800 usd will possibly save Sabre Gold Mines!  The new CEO Andrew Elinesky needs to stop hiding and become a trusted easily recognized CEO that investors trust & are willing to... Not participating in VRIC or PDAC 2023 is not a brilliant decision  !!!
Very concerning!

https://www.kitco.com/news/2023-01-10/World-Bank-slashes-global-growth-forecast-and-warns-of-recession-gold-price-eyes-move-to-1-900.html

BTW, I see this happening to Sabre Gold soon ... https://www.juniorminingnetwork.com/junior-miner-news/press-releases/2723-tsx/g/134072-augusta-gold-announces-c-10-million-bought-deal-offering.html

 

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