Sabre Gold Mines Corp T.SGLD

“… Gold stocks surge back

[GoldenPolarBear]

The gold miners’ stocks surged back this week, blasting higher out of early-year weakness. Those big-and-fast gains were fueled by gold’s own, which shot up without any news catalyst. Seeing battered gold stocks showing signs of life has piqued traders’ interest, starting to shift sector sentiment back towards bullish. These leveraged plays on gold have a long ways to run, as they remain technically-low and oversold.

"...Gold-stock trends are totally dependent on gold’s fortunes. The miners’ earnings are highly levered to the yellow metal’s price changes, really amplifying its gains and losses. That deep fundamental intertwining helps make gold-stock prices mirror and amplify gold’s own. There’s a major psychological component to this infrangible link too, with traders most interested in buying the miners’ stocks when gold itself is rallying.

https://www.mining.com/web/gold-stocks-surge-back/

[RdlBama]

Golden, What you and everyone else does not get that there is 125,000 oz of recoverable on the leach pad. So if mgt is serious about production, the gold is already in the leach pad!!!

[GoldenPolarBear]

    In addition to the gold Viceroy left in the ground, it is estimated that roughly 248,000 oz of unrecovered gold remains in about 9.5 million metric tons of material Viceroy stacked on the heap-leach pad. This already mined and stacked material is a key piece to Golden Predator's ( Sabre Gold Mines Corporation) vision of beginning a new era of operations at Brewery Creek at

[Myharleybike]

That's 4 years of production. Is this included in their million ounces?

[GoldenPolarBear]

Quiet please! I'm still averaging down... We don't want the average investor to become aware of the incredibly easy access to 248,000 GOLD Ozsss on the Brewery Creek forgotten massive heap leach pad. 248,000 au oz x $1800 Gold price Gross Value approximately = $ 446,400,000 USD As previously just stated: In addition to the gold Viceroy left in the ground, it is estimated that

[StrikeGold]

I agree that the nearly 250,000 oz of mined gold ore on the leach pad should be extremely valuable.   But I don't see this mentioned specifically in the recent PEA for Brewery.    Does anyone else read anything about it specifically relating to costs to process, and the return just on those ounces? But if it's not mentioned, why would it have been left out? Ore

[GoldenPolarBear]

Agreed 100% https://www.sabre.gold/corporate/board-of-directors/ "... Giulio T. Bonifacio President & Chief Executive Officer  Mr. Bonifacio has over 30 years of experience in senior executive roles in the mining industry. Mr. Bonifacio is the Founder and former Director, President & CEO of Nevada Copper Corp. since its inception in 2005 until his retirement in