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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

TSX:SGLD - Post Discussion

Sabre Gold Mines Corp > Gold Rises on Fed Rate-Cut Hopes Sabre Gold Mines 🇺🇸
View:
Post by GoldenPolarBear on Dec 25, 2023 11:24pm

Gold Rises on Fed Rate-Cut Hopes Sabre Gold Mines 🇺🇸

"... Gold Rises on Fed Rate-Cut Hopes

"Gold prices are higher in early Asian trade amid hopes of coming U.S. Federal Reserve interest-rate cuts in 2024. The U.S. personal consumption expenditure index, the Fed’s preferred inflation gauge, fell 0.1% on month in November. The latest reading, which marked the first decline since April 2020, has consolidated market expectations that the Fed will lower interest rates soon, Xinan Futures says in a research note. Lower rates tend to boost market appetite for the noninterest bearing metal. Spot gold is 0.45% higher at $2,062.1/oz. 

Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb

https://www.wsj.com/finance/commodities-futures/gold-rises-on-fed-rate-cut-hopes-9974a0ed

Comment by GoldenPolarBear on Dec 30, 2023 6:51pm
Fahad Al Tamimi might be interested in .... https://saudigazette.com.sa/article/639144/SAUDI-ARABIA/Saudi-Arabia-announces-discovery-of-new-gold-reserves-in-Makkah-region https://www.sabre.gold/corporate/board-of-directors/ He doesn't seem to be even vaguely interested in the languishing Copperstone Gold Mine in Arizona.   Fahad Al Tamimi Director Mr. Al Tamimi is ...more  
Sabre Gold Mines Corp
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