Brien Lundin, in the August, 2015, edition of the Gold Newsletter, says buy Sabina Gold & Silver Corp., recently 37 cents. This is the first time he has recommended the stock. Sabina holds the Back River project in Nunavut, a multimillion-ounce deposit with high-grade resources. Mr. Lundin says that a project as large as Back River naturally comes with an equally large capital expense, which simply cannot be financed in the current market. As a result he adds, analysts are looking at Sabina as another buy and hold investment for the day that gold finally turns around. Late last year, Sabina enlisted the help of "noted mining financier and entrepreneur" Bruce McLeod, who eventually convinced the company to downsize Back River to develop its open-pittable resource first, which amounts to almost two million ounces at an average grade of five grams per tonne gold. In the long term Mr. Lundin notes, the project still hosts 7.18 million ounces of gold measured, indicated and inferred, and has an impressive after-tax net present value of $539-million (at a gold price of $1,200) according to its 2015 feasibility study. Sabina offers investors two avenues to success, the editor concludes, and is a buy.