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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 StrikeGoldon May 03, 2023 12:57am
66 Views
Post# 35426699

RE:But....

RE:But....Oh, I absolutely agree 100%.   The reason for the gold valuation of $4 an ounce is all from management.   Missed deadlines, cost estimates wrong, deals to get production going inadequate, etc.   That they got Brewery Creek for cheap (which I think will yield a better return than Copperstone) and still the share price tanked is just further evidence that the team hasn't been able to add any value to either property.   The market is holding back because of the lack of confidence - new managment supposedly but they have proven themselves yet. 
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