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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 14, 2012 10:12am
238 Views
Post# 19667591

RE: I was thinking of a number btwn $20 and

RE: I was thinking of a number btwn $20 and

I know today when the price of gold is down substantially the examples I am going to use may be misleading. But look at Kirkland Lake Gold and Queenston Mining. With a 52 week high Kirkland Lake Gold had a market cap of almost a billion dollars (18-19 dollars a share) and Queenston was worth almost 7-800 million dollars when there share price was up at $ 7 dollar a share. We are just at the beginning of an upturn!!! We have a shaft that goes down 2250 ft so unlike other mines we don't have to sink as we mine. We can start at 2250 and work our way upward. Above 2250 relatively unexplored with limited information only where they could drill from close to the shaft access. PLUS we own KA which was a world class gold mine, but people forget!!!! It produced 11 million ounces from a mineralized structure that was only 3000 ft long approx 400-500 ft wide and was mined from surface to 4200 ft below surface. AND this was in the days of $35 an ounce gold. A little tidbit Armistice's McGarry Mine is only 1500 ft away from a drift located on the 700 ft level of Kerr. PLUS we hold ground all the way to the Quebec border that is in the prospective Larder Lake Cadillac break. Relatively unexplored!!! How many Kerrs 3000 ft a t time can you hide in that 5-6 km stretch??????? So instead of being impatient and Todd should do this and Todd should do that. Get out and promote this to anyone who will listen to you.  

Bullboard Posts