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Bullboard - Stock Discussion Forum 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... see more

TSX:SGLD - Post Discussion

Sabre Gold Mines Corp > I could not help myself...
View:
Post by Digger0144 on Mar 05, 2021 3:07pm

I could not help myself...

I just added to my position...purchased another 100,000 shares @ $.12.

You will see them go through via Royal Bank.

2:53 pm.  50,000

2:59 pm   50,000

Thanks goes out to the sellers...Thank You!

All the Best!

I will look to add as this story plays out.
Comment by Digger0144 on Mar 05, 2021 3:14pm
Opportunities such as this play do not happen that often...I plan to make an outstanding pass here. I have been patiently waiting for a story like this one to present itself...they are few and far between.
Comment by AzDriller on Mar 06, 2021 9:15am
Did you look at the financials....20mills owed to insiders BEFORE the coming capex. Add another 20. Then the royalties. any profit goes to paying back insiders for a long time.  But.... Don't know if profitable mining ug possible. Failed before. Best case the insiders get their loans repaid with interest. What do the small stockholders get? Get to get out on good news bumps? How's ...more  
Comment by Digger0144 on Mar 06, 2021 2:32pm
Hey AzDriller... Most Gold Mining Companies carry a significant amout of debt..commonplace. What is nice in our case is that the debt is not held by a third party but rather at arms length basically insiders...Fahad Mohammed Al Tamimi and Claudio Ciavarella. This allows for very favourable circumstances when it comes to negotiating  terms moving forward and allows for flexibility...very nice ...more  
Comment by CAA308 on Mar 06, 2021 2:22pm
The last story I heard like AZ Gold was about 3 years ago... it was called Kerr Mines! haha sorry couldn't help myself. I'm still fairly heavily invested in AZ Gold. Just bored with no news.  
Comment by Digger0144 on Mar 06, 2021 2:38pm
All about timing...The Digger Way....
Comment by Myharleybike on Mar 06, 2021 3:44pm
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