Sabina´s Cash is save!!Answer from Abraham Drost, Director Sabina SIlver
Dear Sir:
This question has come up several times recently. I have been introducing Albert Brantley, Sabina's new CEO and President to various institutional shareholders in the US and Canada.
Sabina has approximately $49 million in cash as of July 31. All cash is held in short term GICs (Guaranteed Investment Certificates) with Canadian chartered banks and
Government of Canada treasury bills.
Sabina has no exposure to commercial money market paper whatsoever.
Sabina is firmly moving ahead with its business plan, advancing Hackett River through prefeasibility to development. Albert Brantley's experience with large project development, constuction and mine commissioning will be very beneficial to the sustained growth of the company.
We are very much looking forward to the Munich show in November.
Best regards,
Abraham
Abraham Drost, Director
Sabina Silver Corporation
www.sabinasilver.com
Ph: (807) 251-3539
-----Original Message-----
From:********
Date: Tue, 21 Aug 2007 16:08:02
To:Abraham Drost
Cc:info@sabinasilver.com
Subject: Cash
Hello,
I´m a Shareholder of Sabina SIlver.
I´ve only one question. Where´s the capital of Sabina. Have you got
your Cash on the bank, or have you got the money in investments?
Best regards
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This sounds good!!