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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 > Is this the start of a Rally for Sabre Gold Mines? ⬆️ 🆙 ⭐️
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Post by GoldenPolarBear on Apr 06, 2024 11:59am

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

Sabre Gold Mines needs immediate financing of about $40 million to get into quick production asap!  It could happen if the POG holds ORE better yet climbs!

When Sabre Gold Mines produces gold in 2025 and releases high-grade gold production results from the Copperstone mine in late 2025 these shares will easily hit .90 cents usd on the OTC! https://gold-mountain.ca/


Can we please keep this our little secret?

"... 

Is the gold rally just getting started?..."


"... We get to close the book on another week and another nearly 5% gain for gold as this rally in record territory appears to be unstoppable.

To be honest, I have been dreading writing this week’s note because of the volatility in the gold market. It feels like anything I write becomes obsolete the minute it is published. Just look at my headline from this morning: Gold price testing support at $2,300 after U.S. economy created 303K jobs in March.

That article was accurate for about 30 minutes, and then the price started taking off, with June gold futures eventually touching $2350 an ounce.

Trying to anticipate gold’s short-term price action has always been a mug’s game. So, looking beyond the near-term volatility, we can clearly see that gold is no longer a U.S. dollar-centric asset; it has once again established itself as a global monetary asset.

Bank of America, one of the most bullish banks on gold at the start of the year, reiterated its target of $2,400 an ounce. The analysts noted that the precious metal is less dependent on U.S. interest rates and monetary policy...."


https://www.kitco.com/news/article/2024-04-05/gold-rally-just-getting-started

Comment by GoldenPolarBear on Apr 07, 2024 10:09am
"...  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 ...more  
Comment by Satchmo77 on Apr 08, 2024 10:36am
Sgld is bullish , and best of the Bullboards ---Bets are  on to ECLIPSE .99 CENTS 
Comment by StrikeGold on Apr 08, 2024 11:05am
Absolutely the price of gold is impacting the share price and is short term bullish, but the question at the end of the day is achieving gold production which they have been saying for years, and the cost in share dilution during that time period.   When the price was 10 times what it is today a few years ago (post share consolidation basis), it was also bullish according to the posts ...more  
Comment by StrikeGold on Apr 08, 2024 10:27am
The Brewery Creek acquisition in 2021 managed only to achieve only a massive dilution of shares.  The company then proceeded to "de-leveraged" that property to get back only a fraction of the amount from Victoria Gold when they got rid of the property after a couple of years.  This clearly demonstrated the company's inability to add value for shareholders. 
Comment by Satchmo77 on Apr 08, 2024 1:41pm
If the Company sells 300,000 ounces  of Gold ...at todays  $2045  Plus ----It would get $745 Million dollars US
Comment by StrikeGold on Apr 08, 2024 1:51pm
Hence the reason for the share price as gold is $2400.  Lottery ticket.    But if they had held Brewery Creek you could add over a million gold ounces to your figure.   But again, neither is in production.   Consider that the proceeds from the sale of Brewery creek are drawn out over time (reading the Fall news release of the sale), plus it's not enough to ...more  
Comment by Satchmo77 on Apr 08, 2024 2:55pm
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