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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 May 24, 2012 8:10am
233 Views
Post# 19940751

RE: RE: RE: RE: RE: RE: New RAMP

RE: RE: RE: RE: RE: RE: New RAMP

A Timely Disclosure of Facts is all I need, good or bad.

Denialguide, This market is pricing AZ with what potential today at 15 cents? Now a lowly $25M MCap, compared to company estimated 1st year production of 25K Gold Ounces (2nd year - 40K oz) should net earnings of $25M and w/o premium for earnings multiple nor priced in exploration potential at Kerr and even McGarry.

"If this exceeds your pain thresholds, then this is a bad place for you. Look around.........what is going on here is consistent with the larger fluctuations and I dont see any reasons that AZ needs to deviate from its game plan, IMO"

Yes, much pain in this Gold Sector do to macro effects etc., but your reasoning for hiding the facts or withholding and not deviating from Todd's gameplan, has also a negative effect on SP as the current MCap shows, as the Market does not price in unknowns. Not disclosing that AZ is a new Junior Producer with actual numbers, not disclosing the exploration potential of the Kerr-Addison and McGarry mine sites also aids this current low valuation.

Cheers, Mark

 

Bullboard Posts