Bullboard - Stock Discussion Forum 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... see more

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TSX:SGLD - Post Discussion

Sabre Gold Mines Corp > Sabre Gold Mines is Up ⬆️ Again 🆙

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Post by GoldenPolarBear on Feb 10, 2023 6:21pm

Sabre Gold Mines is Up ⬆️ Again 🆙

I'm in a state of shock... I pretty much wrote this company off... years ago!
Why are the Sabre Gold Mines' shares climbing?

"... "The dollar is reverting, and the Fed remains hawkish, which is weighing on gold," RJO Futures senior market strategist Frank Cholly told Kitco News.

Gold's bullish sentiment began to change after a strong employment report out of the U.S. last week showed job gains of 517,000 in January.

This was followed by Federal Reserve Chair Jerome Powell confirming markets' worries that if the U.S. economy continues to surprise on the upside, the central bank would be forced to raise rates higher than anticipated...."

https://www.kitco.com/news/2023-02-10/This-is-the-next-big-catalyst-for-gold-price.html

https://www.kitco.com/news/2023-02-10/China-s-buying-gold-are-you.html

What happened to Janet Lee Sheriff and the lawsuit(s)?
https://biv.com/article/2021/05/lawsuit-week-mining-executive-claims-yukons-chief-mine-engineer-berated-her

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