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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 4:50pm
100 Views
Post# 35428512

RE:Gold is UP & Sabre Gold Mines

RE:Gold is UP & Sabre Gold MinesYep, gold at $2030.   

Management has to make a plan to general value for shareholders and deliver, and not just hold gold ounces.   The market has been waiting for years, and that explains the market cap today.   If they can't raise enough to go into production right now, they need to drill Brewery and add resources.  Ron Netolitzky from the Canadian Mining Hall of Fame who worked there for a time thought an additional drill program could expand resources by at least 25%.  They can also analyze the cost of extracting and create a report on the estimated 248,000 ounces of gold just sitting on a leach heap pad. 
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