Sabre Gold Mines Corp T.SGLD

Happy New Year Sabre Gold Mines if gold POPS🏵

[GoldenPolarBear]

"... Will Eric Sprott become bullish once again regarding the high-grade gold Copperstone Mine?..." in 2023

"... JC Parets, who founded and runs technical analysis firm AllStarCharts.com now sees the price of gold bullion heading towards $5,000 a troy ounce. Among other things, technical analysts use price charts to predict where asset prices may go next.

Active month gold futures were recently changing hands at approximately $1,824 an ounce on the CME. But prices for the traditional safe-haven asset have traded in a range from around $1,640 to $2,035 since early 2020, which was the year the COVID-19 pandemic erupted.
 

The SPDR Gold Shares (GLDGLD +1.1%) exchange-traded fund, which holds bars of solid bullion, followed a similar pattern of ups and downs with a range.

“It’s been two years since gold hit new all-time highs,” Parets and his team write in a recent report. “And, while it hasn’t gone anywhere since, it has remained buoyant.” His emphasis.
 

https://www.forbes.com/sites/simonconstable/2022/12/27/long-time-gold-bear-jc-parets-turns-bullish-5000-possible/?sh=2c54eec0f943

https://www.reuters.com/markets/commodities/gold-price-soars-egypt-local-currency-weakens-2022-12-27/

[StrikeGold]

One would think that the resource itself, 2.7 million gold ounces measured, indicated, and inferred would be enough to keep the market cap above $10 million dollars, or $3.70 per gold ounce in the ground.    That is even with management doing nothing but sitting on the properties (which of course has been the case for the year)  Yes, gold going above $2000 an ounce for an in

[StrikeGold]

GPB:   Will add this to your list: https://www.kitco.com/news/2022-12-28/-Last-chance-to-buy-gold-and-silver-at-these-low-prices-Robert-Kiyosaki.html

[StrikeGold]

So mabye the best strategy is to put both properties in care and maintanence mode for two more years.  I always thought that Brewery Creek is the better value of the two.  At the time of the acquistion a bit over a year ago the value of ONLY Brewery creek was four times the current market cap of both properties today.   Brewery creek since inception has never had a market cap

[GoldenPolarBear]

If the gold price keeps popping maybe Sabre Gold Mines might actually get back into production with the Copperstone Mine but they need a heavy chunk of financing... over $30 million usd  "....  Gold jumps to highest since June on suggestions of less-hawkish Fed path..." https://www.reuters.com/markets/commodities/gold-rises-set-weekly-gain-with-spotlight-us-jobs-data