16:47:22 EDT Thu 25 Apr 2024
Enter Symbol
or Name
USA
CA



Sabina Gold & Silver Corp
Symbol SBB
Shares Issued 199,688,668
Close 2016-02-12 C$ 0.78
Market Cap C$ 155,757,161
Recent Sedar Documents

Kwantes refreshes Sabina buy

2016-02-12 21:03 ET - In the News

James Kwantes, in the Feb. 4, 2016, edition of Resource Opportunities, refreshes his buy of Sabina Gold & Silver Corp., recently 68 cents. Mr. Kwantes said buy on May 18, 2015, at 39 cents and on Dec. 30, 2015, at 74 cents. A $1,000 investment for each of the two buys is now worth $2,662. Mr. Kwantes calls Sabina an example of the "small is beautiful" investment philosophy. The company released a downsized feasibility study for its high-grade Back River gold project in September, 2015, and promptly watched its stock nearly double to current levels. The project is now going through the environmental assessment process, with a final technical review and public hearings scheduled for April. A ministerial decision could come as early as the second half of the year. Besides those coming announcements, a spring exploration program could also deliver "catalysts" for Sabina's stock, says Mr. Kwantes. The company is planning a 2,500-metre initial drill program at the newly discovered Kogoyok prospect, and will also conduct drilling and fieldwork at the Hivogani and Convergence targets. Mr. Kwantes likes the economics and potential of Sabina's project, and concludes that the stock has "great leverage to any run in the gold price."

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