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 > When is Sabre Gold Mines ever get the financing to start🇺🇸

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Comment by GoldenPolarBearon Jan 05, 2024 5:07pm

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Post# 35813208

RE:RE:When is Sabre Gold Mines ever get the financing to start🇺🇸

Unless they promptly run out of funds to continue to keep the Copperstone mine on care & maintenance; after dumping their Yukon properties like Brewery Creek etc...

https://www.ft.com/content/ede4ad77-4118-4055-954c-649be23313a7

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https://www.ft.com/content/ede4ad77-4118-4055-954c-649be23313a7

While admitting a “lapse in judgment” for not informing the board of the arrangement, he said that “the decision had no additional cost to the company and did not benefit me personally in any way”. Endeavour’s London-listed shares fell 10.5 per cent in trading on Friday. Its Toronto-listed shares closed down 10 per cent on Thursday following the announcement. Endeavour did not specify to which asset sale the irregular payment related. The company has made a series of divestitures of non-core assets in complex transactions in recent years. The company added that a separate allegation was made in October 2023 through its confidential whistleblower channel in relation to de Montessus’s personal conduct with employees without elaborating further. De Montessus responded that “no misconduct of any kind was discovered because none occurred”.