Sabre Gold Mines Corp T.SGLD

Alternate Symbol(s): SGLDF

Metals & Mining Gold

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.

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Sabre Gold Mines Corp > Value?

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Comment by trebuh16on Sep 26, 2023 5:21pm

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Post# 35655696

RE:Value?

Hi,

Interesting indeed. Don't forget they sold a NSR in January for 7.0 M USD in January and they still have a NSR of 0.5% on the 3 Aces project owned by SEA. Plus some other properties.

As of today they have a permit to mine Copperstone, 8.5 millions in the bank and 3.0 millions in receivables. The debt is mainly with the Directors/ shareholders.

That's a lot more than 50% of the juniors. Trebuh