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Sable Resources Ltd V.SAE

Alternate Symbol(s):  SBLRF

Sable Resources Ltd. is a junior grassroots explorer focused on the discovery of tier-one new precious metal and copper projects through exploration in endowed terranes. It is exploring the San Juan Regional Program (approximately 163,969 hectares (ha)) incorporating the Don Julio, El Fierro, and Los Pumas Projects in the San Juan Province, Argentina; and the Mexico Regional Program incorporating the Vinata and El Escarpe projects. The Don Julio Au (Cu) project is situated on the eastern margin of the Cordillera Principal of Argentina and the Company holds the right to acquire 100% ownership of about 69,000 ha. It controls about 75,000 ha at El Fierro, covering all known mineralized areas and additional prospective ground. The Los Pumas Project is in the Department of Iglesia, province of San Juan, about 21 kilometers south of the Don Julio Cluster. It is also exploring the Perk Rocky Project (10,475ha), Copper Queen (13,880ha), and Rusty Peak (1,942 ha) properties in British Columbia.


TSXV:SAE - Post by User

Bullboard Posts
Post by kahn666on Dec 19, 2010 10:28am
373 Views
Post# 17867466

interesting valuation

interesting valuation
another way to look at it with 32 million shares os   x 10 is 320m
if we could possibly continue 700oz/m x12m = 8400 x 10 is 84000/year

.22 for a miner producing 84,000 and 300m shares with a cash cost of 850/oz in bc canada in my books has gotta be worth atleast a buck!! bought a pile!

how many other stocks can you find producing 100,000 oz with 300m shares trading  over a buck?
life will be good

glta merry xmas!!
Bullboard Posts