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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 GoldenPolarBearon Apr 07, 2024 10:09am
119 Views
Post# 35975453

RE:Is this the start of a Rally for Sabre Gold Mines? ⬆️ 🆙 ⭐️

RE:Is this the start of a Rally for Sabre Gold Mines? ⬆️ 🆙 ⭐️

"... 

Gold prices are soaring and the mining stocks are just starting to catch up..."


Will these shares finally start to actually POP in 2024? We shall see...


https://www.marketwatch.com/story/gold-prices-are-soaring-and-the-mining-stocks-are-just-starting-to-catch-up-9d2d1535

Lest we not forget that China is loading UP on Gold and has been for 17 months!


https://www.bnnbloomberg.ca/china-pboc-buys-gold-for-17th-month-as-prices-hit-record-1.2056046

"
... China’s central bank purchased gold for its reserves for a 17th straight month in March, extending a long buying spree that has helped the precious metal’s surge to a record.

Bullion held by the People’s Bank of China rose to 72.74 million fine troy ounces last month, according to official data released Sunday. 

The precious metal has been on a tear in the past two months, hitting a procession of records on expectations that lower US interest rates are on the horizon. Central bank buying has also been a significant driver of its strength since 2022.

Global central banks, led by China and India, continued adding to their gold reserves in February, marking a ninth straight month of growth, according to the World Gold Council...." WoW!!!

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