Value, tech, gold & precious metals, gold

News On Sabina Gold & Silver's Back River Project Shows It Has Large Upside

Sabina Gold & Silver Corp. (OTCPK:SGSVF) is a junior gold exploration company that owns the Back River Project and also has a very large silver royalty on the Hackett River Project. Both of these are located in Nunavut, Canada.

While Back River is already a decent project, it looks like it's about to get substantially better. Sabina hasn't given any updated economics yet, as they just launched a Feasibility Study. However, they have released some very important news on Back River. The market seems oblivious to this. I'm going to show in this article what those new economics might look like using the news that Sabina has released.

Back River Pre-Feasibility

In October 2013, Sabina announced the results...

Join Seeking Alpha PRO to read this archived article and 11,574 other archived articles
IDEA GENERATORXExclusive access to 10 PRO ideas every day
INVESTING IDEAS LIBRARYXExclusive access to PRO library of more than 15,000 ideas
SECTOR EXPERT NETWORKXExclusive access to all sector experts for direct consultation
PERFORMANCE TRACKINGXTrack performance of all PRO stock ideas
PROFESSIONAL TOOLSXProfessional Idea Filters to zero-in based on industry, market cap and more
"In just the first month of using PRO, I used it to generate two ideas which were actionable for me. As a result of these two positions, I have earned more than 20 times the annual subscription costs for PRO."Michael Yagemann, Greenbridge Capital
"I am pleasantly surprised with the scope of small and mid-cap coverage PRO offers. You can't find that any where else."Patrick Rice, Mainstay Capital Management
You may cancel at any time for any reason, and receive a prompt refund for membership on months paid and not used (max. 6 months). Details