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Sanatana Resources Inc V.STA

Alternate Symbol(s):  SADMF

Sanatana Resources Inc. is a mineral exploration and development company. The Company is engaged in the acquisition, exploration and development of exploration and evaluation assets. Its principal project is the Oweegee Dome copper-gold porphyry property. The Oweegee Dome copper-gold porphyry property is situated 40 km east of the KSM - Brucejack - Treaty Creek cluster of base and precious metal deposits and is underlain by similar geologic conditions, Stuhini Group (Tiassic age) host rocks, intrusions of the right age, alteration and porphyry style copper, gold, silver, and molybdenite mineralization. Its Santoy property is located on the northern shores of Lake Superior, 20 km east of Terrace Bay via Highway 17, Ontario, which covers an area of 551 hectares (1,362 acres) made up of 32 cell mining claims. Its Gold Rush Project is located 25 kilometers (km) west-northwest (WNW) of the city of Timmins, Ontario. Its other properties include Fortune and Empress.


TSXV:STA - Post by User

Bullboard Posts
Comment by HotSnoton Dec 22, 2007 7:56pm
156 Views
Post# 14117180

RE: I''''d give it a double to triple from $.30

RE: I''''d give it a double to triple from $.30You know i thought the exact same thing about a .70 to .90-.95 share price...i was basing it on recent releases by PGD and i was shocked to see STA gap up to an open of .90 and then climb to a 1.00 during the first 15 minutes. Check my posts to see. I stayed away because i couldnt understand any reason for it to venture higher in the immediate future. I logged off at about 2 pm and checked in at the end of the day and i saw that Stippy and a bunch of others showed up and with nothing on the ask side, pushed this up to 1.80 that first day for it to close at 1.60. The next day a gap up again and then again....this got way ahead of itself. Frankly i lost out on the runup and if i had known it was going to get pumped so hard, so fast i would have rode it up, but i figured it was tapped out at the .90 level because it had hovered there for about 3 hours untill i turned off the computer. If this doesnt drift back to that level i will be wrong twice. Certainly not out of the realm of possibilites but i would be surprised again. Sometimes you just never know i guess. im just one guy on a chat board but this is way to early for this stock to be above a dollar at this instance of its life. Perhaps soon with more results and a bulk sample etc... but i cant see it staying where it is. Obviously i have been wrong before on this stock, so what do i know...JMHO.
Bullboard Posts

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