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Stellar AfricaGold Inc V.SPX

Alternate Symbol(s):  STLXF

Stellar AfricaGold Inc. is a Canada-based precious metal exploration company. The Company is focused on exploring for gold in Canada, Republic of Mali, and the Kingdom of Morocco. The Company's projects include Tichka Est Project and Namarama Project. The Tichka Est gold project, comprising seven permits aggregating 82 square kilometers, is accessible year-round by road through a national and regional road to the village of Analghi located near the mineralized gold zone. The Company, through its 100% subsidiary, Stellar Pacific Mali SARL, owns a gold permit for 50.2 square kilometers in southwest Mali. The Namarana Authorization is located near the village of Namarana, Circle of Kangaba, region of Koulikoro, near the border with Guinea approximately 100 kilometers west-southwest (W-SW) west of Bamako, the capital.


TSXV:SPX - Post by User

Bullboard Posts
Comment by monstr12on May 05, 2007 11:32am
350 Views
Post# 12731050

RE: Please call your Broker to confirm it!

RE: Please call your Broker to confirm it!You're right, take your own advice and please call your broker to confirm. That way you can stop wasting all of our time by posting this dribble. I used to own this company and sold on a break even because I was unsure of the future. I had considered rebuying to recieve the shares in the spinoff but did not as I have been burned before (nwi spinoff ni). The record date is the date you have until to buy the shares. Period. The banking transaction has nothing to do with the distribution of shares. I have been through this before many times and can tell you from experience, the masses had until May 2nd to purchase. So enough already, let it go. I would expect the shares to drop in price when they open, as there will be a market shakeout. SPX should also drop a little furhter in the short term, but should bounce back nicely, if the company gets its' sh*t together. I do find it appalling that they don't have everything together yet for the new company, and have withheld buying into SPX because of management situations like this. Seems to have a ton of potential, but management never seems to capitalize.
Bullboard Posts