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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 netwide2on Jan 07, 2013 1:56pm
134 Views
Post# 20806378

RE: No Bounce?

RE: No Bounce?

Yes, was once a true believer in this project.  I still expect they will produce.  Unfortunately, management is prone to silence, or making unrealistic operational projections.  Is there a need for new management as has been suggested?  Perhaps.  The next quarter will be telling.  If they do not achieve a sustained, however limited, production, they will need to seek new funding.  These monies will be very expensive, probably resulting in increased stock dilution.

 

We live in interesting times.

Bullboard Posts