Sabre Gold Mines Corp (SGLDF)

[goldenpolarbear]

"...Kerr Mines Inc:* Says resignation of Gregory Gibson as president and chief executive officer

* Says appointment of Christopher Hopkins as interim president and chief executive officer ..."

http://www.reuters.com/article/idUSFWN19O01J

Greg Gibson very recently provided San Gold to Klondex for pennies on the dollar and now a resignation from Kerr Mines? Hmmm?

He was recently incarcerated in a Nevada jail... Something smells ....

Hopefully, now the Copperstone mine can be properly RERAMPED-up and not provided to Barrick, Newmont or Klondex for mere pennies on the dollar...?

Greg Gibson how did you allow... The Golden Rice Lake Manitoba assets to slip out of your fingers? Will you do the same with the Copperstone Gold mine in via Kerr Mines?
http://www.kerrmines.com/projects/copperstone-mine

"...Last year, it also added to its projects by purchasing the Rice Lake mine. It paid for this acquisition using $20 million of cash from its cash hoard, and by borrowing $12 million at an annual interest rate of 4 percent, which will be paid on a monthly basis. This mine contains 445k ounces of 2P gold reserves and 634k ounces of M&I reserves. Klondex believes that it has the underground narrow vein technical expertise to unlock this mine's full potential. It also believes that this property has a large land package of 400 square kilometers of significant exploration upside. Recently, it has drilled 40 holes that have generated grades of 1 G/T...."

http://seekingalpha.com/article/3958711-grades-like-gold-stock-will-shine

Cheers,
GPB