James Kwantes, in the Dec. 30, 2015, edition of Resource Opportunities, tells readers why to buy Sabina Gold & Silver Corp., recently 74 cents. He said buy on May 18, 2015, at 39 cents. A $1,000 investment then is now worth $1,897. Sabina's Back River gold project in Nunavut has made the stock one of the few bright spots in today's gold sector, says Mr. Kwantes. The project holds a measured and indicated resource of 5.3 million ounces of gold at 5.87 grams per tonne, and an inferred resource of 1.85 million ounces at 7.43 g/t. Since Mr. Kwantes's initial recommendation in May, Sabina has released a feasibility study, made progress on permits and begun a small exploration program. Most recently, it filed a 14,000-page final environmental impact statement, a key part of the permitting process. Mr. Kwantes reckons that Back River may be able to obtain its project certificate in the second half of 2016. Other excitement over the coming months could come from the exploration program. Financially, Sabina is in good shape, having closed a $1.3-million insiders-only private placement in July and a $2.2-million flow-through share financing in November. The stock continues to offer "exceptional leverage" to the price of gold.
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