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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers -- Ignore unavailable to you. Want to Upgrade?

To: koan who wrote (16854)	7/24/2006 2:45:05 PM
From: maxncompany	Read Replies (1) \| Respond to of 78412

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.

To: koan who wrote (16854)	7/24/2006 3:57:41 PM
From: zoo york	Read Replies (1) \| Respond to of 78412

Hi Koan! SBB is a good little stock, but that SH article makes the story a bit more bullish than is realistic. Yes they have a great project at Hackett River, and the treasury is extremely strong, but I do not think that deposit will become economic for a while yet. It looks very attractive on paper, but the capital expenditure to put it into production will probably amount to well above $100 million and I do not think they have proven up enough ore for a mine life that would generate a return on capital to justify the development. The deposit is open at depth and the best grades have come from those zones, so I am optomistic that they will be able to enlarge the discovery, and they have the cash to fund all that exploration. It may one day amount to a discovery worth putting into production, but IMVHO we are nowhere near that now. cheers! COACH247 Personal disclosure: I have a small position of SBB that I bought below 70 cents.

To: koan who wrote (16854)	7/25/2006 9:27:10 AM
From: John McCarthy	Respond to of 78412

Press Release Source: Sabina Silver Corporation Sabina's Hackett River Assay Update; Strong Stepout Holes Include 11.75m of 12.76% Zinc and 291.4g/T Silver Tuesday July 25, 9:00 am ET LONDON, ON--(MARKET WIRE)--Jul 25, 2006 -- SABINA SILVER CORPORATION (TSX VENTURE:SBB.V - News) (Other OTC:SBBFF.PK - News) is pleased to present an assay update for the initial 21 holes from 2006 drilling at Hackett River. Over 10,000m have been drilled to date and a third drill has now been added. The silver and zinc-rich nature and apparent continuity of the Hackett River mineralization continues to be confirmed with 50m stepout hole SHR-06-11 containing 11.75m grading 12.76% zinc and 291.4 g/T silver in the Main Zone hinge area. The precious metal enriched nature of the Hackett River deposits is confirmed by a second stepout hole in the Main Zone hinge area SHR-06-15 which contains 5.45m of 438.0g/T silver including 0.45m grading 3.23 kilograms/T silver and 20.50 g/T gold. Sabina is on track to meet its 2006 goal of an updated 43-101-compliant mineral resource estimate and independent scoping level discounted cash flow economic analysis of the Hackett River Project as an open pit extraction operation. Approximately half the total 17,000m to be drilled this year will be devoted to infill work upgrading the inferred mineral resource at Hackett River to the higher confidence level indicated mineral resource. The balance will be stepout work, as all deposits remain open for expansion. Engineering and optimized metallurgy and baseline environmental work is presently underway. Sabina has an undivided 100% interest in its polymetallic Hackett River Project, which contains a NI 43-101-compliant Indicated Mineral Resource based on drilling information prior to 2006 (Table 1). The magnitude of the contained silver resource alone at Hackett River ranks Sabina Silver Corporation among the top 12 silver-focused companies operating in the Western Hemisphere. A substantial zinc endowment will also factor prominently in the 2006 scoping level discounted cash flow analysis. TABLES and narrative biz.yahoo.com Postion: No Position regards, John