RE:Sabre Gold is again significantly losing value re: PPS "... Sabre Gold Mines, Condor Gold, Aura Minerals and Perpetua Resources, losing value over the week after reporting third-quarter earnings.
International Tower Hill shares lost 16% after saying in results on Nov. 10 that it “will require significant additional financing to continue its operations” advancing the Livengood Gold project in Alaska.
“There is significant uncertainty that the company will be able to secure any additional financing in the current or future equity markets,” International Tower Hill said. The Vancouver-based company reported US$5.47 million in cash on Sept. 30.
https://www.northernminer.com/stock-markets-investing/tsx-markets-fall-a-bit-for-the-week-of-nov-11-18/1003848801/
Sabre Gold Mines shares lost value after the recent consolidation from .25 cents to ...
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https://www.youtube.com/watch?v=tMQsP2A2mNU
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Copperstone Gold Mine
On October 24, 2022, Sabre Gold announced several financial restructuring initiatives and a change in senior leadership to advance its fully-permitted Copperstone Gold Mine toward production. These initiatives included the retirement of an existing 4.5% Gross Production Royalty on Copperstone, the retirement of $3.65 million in long-term debt outstanding, the extension of remaining outstanding debt by one year to December 31, 2024, all being driven from sale proceeds of Sabre Gold’s 1% NSR royalty on the Kerr-Addison Mine claims owned by Gold Candle Ltd. for total consideration of $7.4 million. These initiatives are aimed at unlocking value at Copperstone by improving Sabre Gold’s balance sheet and reducing asset encumbrances for improved operating margins. These initial steps were undertaken to advance ongoing discussions with potential financial partners to return the fully-permitted Copperstone Gold Mine to production.
Sabre Gold announced the appointment of Andrew Elinesky, CPA, as President, Chief Executive Officer and Director. Mr. Elinesky succeeded Giulio Bonifacio, who retired from his role as President, Chief Executive Officer and Director on October 23, 2022...."
https://www.juniorminingnetwork.com/junior-miner-news/press-releases/2924-tsx-venture/strr/131687-star-royalties-reports-q3-2022-financial-results.html