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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

Post by GoldenPolarBearon Jan 26, 2022 4:35pm
169 Views
Post# 34364136

Merchant BANKERS, Sabre Gold can provide a quick pay back💵

Merchant BANKERS, Sabre Gold can provide a quick pay back💵

 

"...It will cost about $105 million to build
the Brewery Creek mine. 

https://www.sabre.gold/

At $1,700/ounce gold, the PEA anticipates a payback period of 2.6 years,” states Global Stocks News CEO Guy Bennett, “For any institutional investor or merchant bank, the quick pay-back is a de-risker. 

“A change in the price of gold from USD $1,700 to $1,900 will increase the After Tax Cash Flow 20%,” added Bennett, “From CAD $45 million/year to CAD $54 million a year – that’s more that the company’s current market cap.” 

“Most of the Directors and Officers are also significant shareholders,” stated Bonifacio, “We have a lot of skin in the game. We’ve written some big checks, and we will continue to do so as needed.” 

According to filings on Canadian Insider, between November 21, 2021 and December 7, 2021 Bonifacio purchased 539,000 SGLD shares on the open market.

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https://stockhouse.com/companies/bullboard?symbol=t.sgld&postid=34351638

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