Sabina Gold & Silver: Buy The Dips

Jan. 16, 2023 1:25 AM ETSabina Gold & Silver Corp. (SBB:CA), SGSVF41 Comments
Taylor Dart profile picture
Taylor Dart
27.03K Followers

Summary

  • Sabina Gold & Silver just came off a busy year, with it successfully financing its Goose Project, enjoying exploration success near-mine, and advancing the project with significant underground development completed.
  • Assuming all goes to schedule, Sabina will become one of Canada's lowest-cost gold miners in H2-25 when it reaches commercial production, with a 300,000-ounce production profile at sub $800/oz AISC.
  • So, with Sabina trading at a 50% discount to fair value & set to be a free cash flow machine in 2026, I would view sharp pullbacks as buying opportunities.
Underground equipment. Special load vehicle for mines and tunnels.

Elena Bionysheva-Abramova

Just over two months ago, I wrote on Sabina Gold & Silver (OTCQX:SGSVF), noting that while my previous bullish view on the stock (December 2021) was poorly timed as the stock suffered a 30%+ plus drawdown, the setup looked

This article was written by

Taylor Dart profile picture
27.03K Followers
"A bull market is when you check your stocks every day to see how much they went up. A bear market is when you don't bother to look anymore."- John Hammerslough - Disclosure: I am not a financial advisor. All articles are my opinion - they are not suggestions to buy or sell any securities. Perform your own due diligence and consult a financial professional before trading or investing.

Disclosure: I/we have a beneficial long position in the shares of AR:CA either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Additional disclosure: Disclaimer: Taylor Dart is not a Registered Investment Advisor or Financial Planner. This writing is for informational purposes only. It does not constitute an offer to sell, a solicitation to buy, or a recommendation regarding any securities transaction. The information contained in this writing should not be construed as financial or investment advice on any subject matter. Taylor Dart expressly disclaims all liability in respect to actions taken based on any or all of the information on this writing. Given the volatility in the precious metals sector, position sizing is critical, so when buying small-cap precious metals stocks, position sizes should be limited to 5% or less of one's portfolio.

Recommended For You

Comments (41)

To ensure this doesn’t happen in the future, please enable Javascript and cookies in your browser.
Is this happening to you frequently? Please report it on our feedback forum.
If you have an ad-blocker enabled you may be blocked from proceeding. Please disable your ad-blocker and refresh.