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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 gold_strikeon Oct 22, 2020 12:34pm
108 Views
Post# 31764730

RE:RE:Reverse engineer market cap

RE:RE:Reverse engineer market capAzDriller:   What $50 million in loans are you referring to?

From Sept MD&A on Sedar.com:

At June 30, 2020, the Company had assets of $18,277,460 (June 30, 2019 - $18,465,142) and a net deficit position of $676,941 (June 30, 2019 – net equity of $1,512,411). At June 30, 2020, the Company had current liabilities of $3,750,969 (June 30, 2019 - $697,666). The Company had net exploration and evaluation expenditures of $3,887,727 during the twelve months ended June 30, 2020 (twelve months ended June 30, 2019 - $6,075,916) on its gold interests.
Bullboard Posts