Sabre Gold Mines Corp (SGLDF)

[goldenpolarbear]

Wednesday, March 4, 2020 is the last day to have a little FACE to FACE Time with the KERR Mines Management Team in Toronto at PDAC this year so...

If you are an investor; I know Martin Kostuik, President of KERR Mines or Michael R. Smith, P. Geo, QP Business Development & Exploration would enjoy speaking to you about their detailed February 2020 Kerr Mines Corporate presentation....

Kerr Mines Inc.
Booth Number: 2618A
Website: www.kerrmines.com

Gold, silver prices surge amid Fed gambit to cut U.S. rates
"... Gold and silver prices are sharply higher in midday U.S. futures trading Tuesday, with gold now gaining back all of Friday’s big losses. Save-haven demand is featured today as the U.S. Federal Reserve made the risky and surprising move of cutting the key U.S. interest rate by 0.5%. The U.S. stock market did not take the news well and the stock indexes were solidly at midday. April gold futures were last up $51.20 an ounce at $1,645.90. March Comex silver prices were last up $0.476 at $17.215 an ounce.

The Federal Reserve lowered its benchmark interest rate—the Fed funds rate—by 0.5% to counter the negative economic aspects of the coronavirus outbreak. The rate now stands at 1.0 to 1.25%. The aggressive move by the Fed initially popped the U.S. stock indexes sharply higher, but they come off those highs and hit new daily lows. The move by the U.S. central bank is very risky, as it might incite more fear in a marketplace that is already on edge. At first blush, the move by the Fed is not being deemed as reassuring for traders and investors, and that is what popped gold prices sharply higher. Federal Reserve Chairman Jerome Powell held a press conference after the announcement to explain the Fed’s move. He said there is “evolving risk” to the U.S. and global economies. Look for other major central banks to follow with their own monetary policy easing. The central banks of Australia earlier today cut its key interest rate by 50 basis points, too. ..."


https://www.kitco.com/news/2020-03-03/Gold-silver-prices-surge-amid-Fed-gambit-to-cut-U-S-rates.html

https://www.sprott.com/

https://kerrmines.com/

I find now if you contact KERR you tend to get prompt informative responses NOW so....