06:39:36 EDT Fri 26 Apr 2024
Enter Symbol
or Name
USA
CA



Sabina Gold & Silver Corp
Symbol SBB
Shares Issued 196,781,526
Close 2015-09-30 C$ 0.38
Market Cap C$ 74,776,980
Recent Sedar Documents

Kwantes refreshes Sabina buy

2015-09-30 22:40 ET - In the News

James Kwantes, in the Sept. 22, 2015, edition of Resource Opportunities, refreshes his buy of Sabina Gold & Silver Corp., recently 36 cents. Mr. Kwantes said buy on May 18, 2015, at 39 cents. A $1,000 investment then is now worth $923. Since Mr. Kwantes first recommended the stock, Sabina has released two feasibility studies on its Back River gold project -- one for a large-scale mine and the other for a smaller, less expensive start-up mine -- and has also discovered mineralization in a new part of the project. Insiders have shown their confidence by participating in a $1.3-million flow-through financing, at 50 cents a share, that was subscribed to only by directors and officers. This helped preserve the company's substantial treasury; Sabina had $22-million in working capital as of June 30 and expects to end the year with $17-million. Mr. Kwantes applauds chief executive officer Bruce McLeod for achieving all the goals he had set out when Mr. Kwantes first interviewed him months ago. Now, Sabina is working on marketing Back River and obtaining permits. Mr. Kwantes points out that Dundee analysts Matt O'Keefe and Erik Bermel seem optimistic, having recently started covering the stock with a price target of 75 cents.

© 2024 Canjex Publishing Ltd. All rights reserved.