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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 > CEO Giulio Bonifacio...."Merger"
View:
Post by Digger0144 on May 18, 2021 12:43pm

CEO Giulio Bonifacio...."Merger"

Mergers are a way for companies to expand their reach, expand into new segments, or gain market share. A merger is the voluntary fusion of two companies on broadly equal terms into one new legal entity. The five major types of mergers are conglomerate, congeneric, market extension, horizontal, and vertical

He did mention it in his latest presentation.

He also stated that the share price is "grossly undervalued."

The way I see it is that with the right and cooperative equal they can "pull it off"...pull what off?

On slide/page 5 of the Arizona Gold presentation you will notice that they have 69.2 million warrants available at an average exercise price of $.21 each...that works out to 14.53 million dollars Canadian if exercised...these funds will be more then sufficient to finance all preproduction requirements...very nice!

Working in close collaboration with each other the merger partner will "fill the gap" sort of speak in terms of the true value of Arizona Gold "grossly undervalued" which in my opinion will be market friendly and very much acceptable.

Let us choose the lower end of my price target of $.28-$.30...
The merger price will be $.28 per share in "paper" shares not cash from the merger partner.  I am going to focus on the warrants only.
69.2 million warrants @ $.28 each (paper)...total is 19.38 million dollars.

Now...the holder of the warrants... totally without risk due to a legal, in writing guaranteed offer will exercise the warrants to receive the premium and support the company moving forward...remember most of the warrants are in the hands of  very supportive shareholders..nice!

There you have it...69.2 million shares @ $.21...$14,530,000...your funding is complete...not at the current $.13 and dealing with shares that were issued in past private placements.

Another beautiful thing about this is the once the warrants are exercised the merger entity would only of paid $.07 per share for the 69.2 million warrants (now shares)...69.2 X $.28 = 19.38 Million (paper) subtract 69.2 X $.21  = 14.53 million (cash)...total purchase price 4.85 million.

They could "pull this off"...it is not a stretch...the insiders and such have been supportive thus far...why not continue...the upside moving forward is significant.

All the Best!
Digger0144


Corporate Presentation – Arizona Gold Corp. TSX:AZG (arizona-gold.com)
Comment by GoldenPolarBear on May 18, 2021 12:53pm
I see the merger price target at .15 cents to .19 in American funds or lower... Without new drill results or a properly updated detailed resource estimate...
Comment by Digger0144 on May 18, 2021 12:58pm
Hey GPB... Star Royalties figured it out without those details...so will the entity working with them as we speak. Regards, Digger0144
Comment by gold_strike on May 18, 2021 1:23pm
It's been a while since I've posted here.   I've cut back on my position at break even.   At this point I feel that a merger or buyout is likely.    Drill results seem Ok and will add ounces but they haven't found a bonanza of new resources.    I think it will take more money to achieve production which is why a buyout may be what's ...more  
Comment by pokinfun on May 18, 2021 1:39pm
This post has been removed in accordance with Community Policy
Comment by Digger0144 on May 18, 2021 3:07pm
Hey gold_strike... The reason I do so much research and try to put myself in the place of the CEO is so that I do not miss out on an opportunity...selling instead of buying. I think I have this one figured out. It is difficult to hold on for the payout when "things" seem to be going nowhere. Believe me...there is so much going on behind the scenes..no doubt about it. Regards ...more  
Comment by michaelstl on May 18, 2021 2:20pm
Don't forget the value of the Tax Credit which go all the way back to American Bonanza.
Comment by Digger0144 on May 18, 2021 3:10pm
Hey michaelstl... Those tax credits which amount to 70 million dollars are huge! They will not be paying taxesfor a least the first five years of operation. A deal will be done. Regards, Digger0144
Comment by Bevstox on May 18, 2021 10:05pm
@digger you're very knowledgeable in this field of work, I appreciate your posts  
Comment by Ebenizer3 on May 19, 2021 11:57am
https://www.globenewswire.com/news-release/2021/05/17/2231035/0/en/Silver-Mountain-Mines-Inc-Receives-Conditional-For-Reverse-Takeover-Transaction-With-Nevgold-Corp.html