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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
Post by LTGoldBullon Jun 06, 2012 10:11am
405 Views
Post# 19984815

AZ a Producer? Not yet!

AZ a Producer? Not yet!

Learned a few things yesterday.

First if IR support is needed contact Wertheim + Company, email (wertheim@wertheim.ca Richard Wertheim) not the info at armistice as per website. This has also been stated in recent NR's.

Also learned AZ is not yet a producer, not officially anyways, as not meeting technical and regulatory rules and accounting standards. The mill (McAlpine) is a concentrator w/o refining capacity. Armistice has not initiated the refining and selling the Gold for undisclosed reasons. (We have been daily hoisting ore at McGarry, trucking ore daily to Cobalt and the Mill has been concentrating ore)

"Think of the Concentrate as an accumulating asset that will be converted to cash flow when ready"

An update is in the works.

Cheers, Mark

Bullboard Posts