RE:RE:« Giulio Bonifacio owns 7.67% or 3.86 million shares... »๐Sabre management has managed to turn the merger of past producing Brewery Creek into a NEGATIVE asset, in that the market cap of the company is now LESS than the company had before the merger, when they only had the Arizona asset.
Since the merger they have had the opportunity to add much more value to the company in further drilling at Brewery which could have added significant ounce. In particular determining they could have determined the cost/profit to process gold just sitting on a heap pad at Brewery that had already been mined! They also acquired other assets in the merger that have had past exploration successes in high gold grade. Yet they have done nothing with any of it.
Hence the share price of 3.5 cents which barely has support.
https://www.mining.com/golden-predator-arizona-gold-merger-creates-sabre-gold-mines/