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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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(6)
•••
Comment by kkkrrron Jan 07, 2020 10:33am
69 Views
Post# 30525725

RE:I smell some good news coming

RE:I smell some good news coming
there is some risk here because funding BUT ..the marketcap is very low and the drill results are very good , lot of upside from future exploration programs ....   the capex for the plant is very low too and the ore is high-grade and not too deep , so they are able to mine it cheap because not too much movement of material...

at 1550$ POG the current NPV should be near 150 million USD ...and lot of upside with longer minelife... 

.....my bet is...even with substancial dilution until production this stock is cheap! 30 million USD marketcap now...1/5 of the current NPV ...

its worth the risk ;)
Bullboard Posts
Dealroom for high-potential pre-IPO opportunities