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Sunday, 11/06/2022 3:49:48 PM

Sunday, November 06, 2022 3:49:48 PM

Post# of 1715
Might McEwen Mining acquire Sabre Gold Mines?

Why was Robert McEwen quoted in this Sabre Gold Mines press release many months ago? Why would Robert allow his name to be associated with Sabre Gold Mines? This might help explain a lot...
Will Sabre Gold Mines be acquired for pennies? Well why NOT?

“... On June 15, 2022 the U.S. Federal Reserve announced a 75-bps increase to help tame inflation. Rob McEwen, Chairman and Chief Owner of McEwen Mining Corp believes the Fed’s inflation-taming efforts will fail.

"The horse is already out of the barn," McEwen told Kitco. "[The Fed] has created a monster with monetary expansion and low interest rates. It's going to take quite a while to tame that."

Sabre Gold holds 100% interest in two near-term North American gold producers: the fully permitted Copperstone gold mine located in Arizona, USA, and the Brewery Creek gold mine located in Yukon, Canada, both of which are former producers...."

"... Andrew Elinesky was with McEwen Mining Inc. for 11 years with increasing roles of responsibility having spent his last 5 years there as Senior Vice-President and CFO at McEwen Mining Inc.. During this time Andrew managed equity and debt financings of over $150M and multiple acquisitions, operational development, and government and ESG relations.

Mr. Spears rejoined McEwen Mining to address Special Projects with a focus on corporate development and to tackle technical challenges in operations. He has experience in gold exploration in Canada, USA and Mexico, and was involved in raising over C$500 million in equity capital for exploration and development projects.
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