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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers
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To: koan who wrote (16854)7/24/2006 2:45:05 PM
From: maxncompany  Read Replies (1) of 78416
 
Yeah, good grades with decent tonnage, on 2 properties in particular. Reason Sabina has low valuation, is concern over high capex due to lack of infrastructure. Wolfden is now in the area, and speculation is that these two will share some costs. Not expecting a merger, but these two already have ties from other properties. If I remember, they even share a common director. Market holding Sabina back until it sees concrete financing, and its terms.
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