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Savary Gold V.SCA


Primary Symbol: SVVYF

Metals & Mining Industrial Metals & Minerals
"Savary Gold Corp is a Canadian exploration company. The company operates in the operating segment of acquisition, exploration, and evaluation of properties. The group is focused on the exploration and evaluation of its Karankasso gold project located in Burkina Faso, Africa. The property includes five exploration licences totaling around 688 square kilometer."


GREY:SVVYF - Post by User

Savary Gold > A Fire Sale !!!
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Comment by RedSoxon Nov 08, 2017 9:53am
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Post# 26924453

RE:RE:RE:RE:RE:A Fire Sale !!!

RE:RE:RE:RE:RE:A Fire Sale !!!
Hi Wilwal, yes I agree with you on your point about Acacia. Tanzania at the midnight hour decided to put in new mining laws for no other reason than extorting $$$$ which killed another of my holdings in Tanzania which was screaming with promise and profits and Acacia is just another casualty from just another greedy and corrupt government.

I wonder how this will play out and if Barrick will come in and save the day. I was reading that Barrick had offered a $300M payment to appease the Tanzanian government but the ban will remain on the exporting of powdered gold concentrates. Savary Gold is a long term hold for sure, but I was hoping to see a little lift in share price after the NI43-101. Along with your point I was thinking the decline in price was due to investors taking their tax write-offs.
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