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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

Comment by GoldenPolarBearon Jan 08, 2022 11:11am
80 Views
Post# 34296062

RE:RE:$2,668,500 due NO later February 7th, 2021 via Yukon Gov.

RE:RE:$2,668,500 due NO later February 7th, 2021 via Yukon Gov.

This is highly excessive and why can't the Yukon Government allow Sabre Gold Mines to provide instalment payments over 2 years?

https://emr-ftp.gov.yk.ca/emrweb/COMM/major-mines/brewery-creek/mml-brewery-creek-financial-security-determination-letter.pdf

Asking Sabre Gold Mines to almost immediately provide $1,668,500 is brutal when Sabre Gold Mines Corp. is producing absolutely NO gold until probably late 2022.

Many Gold exploration companies would be forced into bankruptcy with such a heavy bill that must be paid in just over a month. How is Sabre Gold Mines going to pay this hefty fee?

Where is Sabre Gold Mines Corp. going to find these lavish funds and pronto?

The Yukon Government has made it extremely difficult to move the Brewery Creek Mine forward into production... WHY?

https://www.cbc.ca/news/canada/north/christman-brewery-creek-lawsuit-dismissed-1.6237456

https://www.cbc.ca/news/canada/north/golden-predator-yukon-engineer-lawsuits-1.6030196

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