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Sabre Gold Mines Corp T.SGLD

Alternate Symbol(s):  SGLDF

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

Bullboard Posts
Comment by LTGoldBullon Apr 03, 2007 3:03pm
178 Views
Post# 12540583

RE: Does Anyone have any news

RE: Does Anyone have any newsMarch 15th, e-mailed Todd Morgan, response was dewatering going well and stated operational update in a few weeks. Have held this stock since '96, when it used to trade on Montreal, Morgan was a big shareholder at the time, when Davidson was the CEO. Lots of infrastructure in place to 2150 level and enough resource to that level that could be mined now. At one time, years ago, discussion was to only continue the deep exploration drilling to find Kerr-Addison ore extension, or start mining upper levels, using the Macassa Mill to finance further deep drilling operations. Todd was once thinking of the latter. Now? Time will tell what his plan is and the pressures from the financial backers used to get this operation going again. POG's in the Bull Run and Armistice is not on anyones radar screen yet. Cheers, Mark
Bullboard Posts