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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 > Cost Control in Place...Future Funding...
View:
Post by Digger0144 on Feb 23, 2022 12:38pm

Cost Control in Place...Future Funding...

You can trust me on this one...I follow the gold mining industry closely.
Cost overruns have become common place over the last year..many executives have lost their jobs due to them.

Bonifacio must have firm agreements and strong relationships with the suppliers of  the long lead items and obligations made some time ago for the necessary equipment to complete the mill and  all the changes that will be made...fantastic!

His statement says it all:


 Estimated project capital for the restart of Copperstone remains in line with previous estimates as we continue to advance discussions with project lenders as well as other key stakeholders with an update on project funding to be provided in Q2-2022”

Is Digger0144 getting excited...you bet!

I have a clear vision of what is about to take place...I cannot wait!

Remember...this initial start up is only the beginning...significant
growth is in our future...too soon to talk about it..but..I see the day
when I will begin to post about it.

Stay Tuned!
Comment by ikny on Feb 23, 2022 12:53pm
when do you think actual mining will begin?
Comment by Digger0144 on Feb 23, 2022 1:12pm
Hey inky.. Mine rehabilitation continued with significant progress made in the majority of areas that will be mined in the first several years of mine life. Small Mines Development have been engaged and are nearing completion of 1,674 linear feet of rehabilitation that included robust ground support and enhancement of mine dewatering systems. The rehabilitation completes a series of efforts to ...more  
Comment by ikny on Feb 23, 2022 1:19pm
Thank you.