RE:Sabre Gold Mines Finally is slightly UP ⬆️ Why?Absolutely it's the price of gold. A lot of juniors had a pop today.
As other posters have pointed out, with this company it's always close to production, with the same announcement year after year, but simply changing the production start up date. So we hear that, think the price has hit bottom and buy in, only to then find out about new delays and added costs.
To me Brewery Creek was their greatest opporunity to leverage and find new ounces for a mine with a longer life then Copperstone. But instead doing a scoping study for new drilling and recovery of gold from the leach pad, they simply tossed the entire asset out the door for next to nothing.