SBR 0.00% 0.3¢ sabre resources limited

major base metal discovery

  1. 128 Posts.
    For those of you that missed the announcement...have a look!! This is amazing!!

    They are about to start drilling at Border which looks huge as it is (12 Mt+ at 5%+ lead & zinc) but add the new Irvington discovery and this thing starts to take on the size of Mt Isa?? I've been buying this one up and down, but looks increasingly interesting.

    I did some research on these guys and they seem to be a pretty good crew? Dr Matt Painter did his PhD on Mt Isa (try googling him) so he knows what he is on about. A geo mate passed on the Namibian Mines book and it lists Border as being 30 million tonnes at nearly 6%, so it looks like the guys are being ultra conservative on the figure they've put to the market? That's several BILLION dollars worth of metal in the ground! All sitting in a company with a market cap of $20 million with 30c shares! Hello!!!

    No brainer for me, but DYOR!!!
 
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