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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 CAA308on Apr 02, 2019 3:13pm
66 Views
Post# 29571862

RE:Please, Quick Thoughts??

RE:Please, Quick Thoughts??
My opinion is that when it was at 0.32 it was up on hype, and the stock took an unfortunate brunt of a PFS that didn't have the rumoured million ounces combined with gold itself dropping well below the PFS amount of 1250 (along with many other junior miners, look at JNUG). That said, with production going online next year and a more than likely shot at substantially increasing the ounce count I don't think it is a pump and dump. Look at the major shareholders, how much of the board is personally invested along with family offices. Also it is attractive enough for a brand like Sprott Resource Lending to dip their toe in. I've loaded up and am hanging tight - I don't expect much for a while but then hopefully zero to hero. Out of curiosity -what is your accountant saying?
Bullboard Posts