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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 cononishon Mar 13, 2012 5:45pm
274 Views
Post# 19665016

RE: RE: A puzzle

RE: RE: A puzzle

11 million ounces from historical KA x $1700/ounce = 18 billion dollars !!!!!!!! Today!!!!!

18 billion dollars divide 200 million fully diluted shares (AZ) = $ 90 per share

We find and mine 1/10th of 11 million ounce works out to $9 dollars a share Really a conservative number!!!

Bullboard Posts