In the past week, the Sabina Gold and Silver Corp (OTCMKTS:SGSVF) stock has been in considerable action in the markets and the trend continued on Tuesday as the stock ended the day with gains of 5%.
The gains made by the stock yesterday took its cumulative gains for the past week to as much as 10%. In this situation, it might be a good move for investors to take a closer look at the Sabina Gold stock and as it happens the company did report on the progress it made at one of its projects yesterday. The rally on Tuesday was largely driven by the report from the company about its progress on the pre-construction work that has been done in relation to the planned Goose Mine.
This particular mine is going to be located on the Back River Gold Project at Nunavut in Canada and is owned by Sabina Gold in its entirety. Bruce McLeod, who is the Chief Executive Officer and President of the company, stated, that ‘tremendous work’ has been accomplished with regards to the construction work at the property in 2021 so far. He went on to add that the company has been taking forward the underground exploration ramp that is located at Umwelt.
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