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Sabre Gold Mines Corp T.SGLD

Alternate Symbol(s):  SGLDF

Metals & Mining Gold
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

Sabre Gold Mines Corp
Bullboard Posts
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Comment by TheHermit1on Jan 30, 2015 10:45am
142 Views
Post# 23381719

RE:RE:RE:RE:RE:RE:More Bad News

RE:RE:RE:RE:RE:RE:More Bad NewsWhy would KER settle debt for equity when they are suppose to be flush with cash from sale of Timmins property?
If you check Nov.12/14 interim financial statement on Sedar, it indicates under Note 17 that KER owes $312K to 22007457 Ontario Inc. a numbered co. controlled by Greg Gibson.
I don't know if this is the debt they settled but the optics are bad.
Giving $1.6 mil to SGR days before they go bankrupt? Did Kerr get any collateral? What a mess.
Bullboard Posts
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