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Silver Range Resources Ltd V.SNG

Alternate Symbol(s):  SLRRF

Silver Range Resources Ltd. is a Canada-based mineral exploration company. The Company’s mineral property interests include various mineral properties located in the Yukon Territory, Northwest Territories and Nunavut in Canada and in Nevada, United States. The Company’s projects include Mel and Barb, Michelle, Silver Range, Cabin Lake royalty interest, Uptown Gold property option, South Kitikmeot property option, East Goldfield property, Hannapah and other. The Mel and Barb projects are located in the Watson Lake Mining District, Yukon Territory. The Michelle property is located in the Dawson and Mayo Mining Districts, Yukon Territory. The Silver Range project is located in the Whitehorse Mining District, Yukon Territory, which includes the JRV claims and the BP4 claim. The Cabin Lake property is located in the Northwest Territories. The South Kitikmeot project is located in Nunavut, Canada, which comprises the Bling, Esker Lake, Goldbugs, Hiqiniq, Ujaraq, Uist and Qannituq properties.


TSXV:SNG - Post by User

Bullboard Posts
Comment by Libertygon May 24, 2009 3:02pm
248 Views
Post# 16012314

RE: RE: RE: RE: PAI 13d SEC filing May 18th

RE: RE: RE: RE: PAI 13d SEC filing May 18thMost importantly from the stand point of a CHQ shareholder. We can't lose sight of the fact that CHQ and SNG are joined at the hip, in essence an incestuous relationship unlike other JOV's. You can't deny the wisdom in CHQ in perception taking one for the team so to speak for the greater overall benefit. If you were a major CHQ shareholder wouldn't you rather give SNG your 25% interest at a far lower cost for the far greater benefit later by vastly enhancing SNG's value, than to sell out as a corpse for the vultures, for a nominal value now? Wouldn't you as a CHQ shareholder take this deal which would yield much higher value as an SNG shareholder by giving SNG this massive shot of adrenaline only to aid your shares in value more so than any asset sale now could anyway? This is a good ole boys club and CHQ aiding SNG only makes perfect sense for all parties to benefit and stick it to BGI as the odd man out. I would see this as an ingenius move by CHQ and SNG that would greatly benefit everyone. In fact i am highly suspicious this is what is going on, purely speculating of course. As always it's where you end up that matters and one step back for a giant leap forward for CHQ shareholders is the wisest and most beneficial course IMO.
Bullboard Posts