Sarama Resources Ltd V.SWA

@ the Bell: TSX makes a comeback

[Jon Brown]

Shaky metal prices were offset by a jump in oil prices. The TSX’s gains were limited by weakness among healthcare shares. read article.

[Jon Brown]

Buzz on the Bullboards: Markets underperforming, or is the best yet to come? The September rally didn’t pan out as indices hit lows. read article.

[Jon Brown]

Oil prices jumped, but Canada’s main stock index fell further. Energy was the only standout, with the tech sector logging some gains. read article.

[RockLobster1]

yes it is not good... it is possible they could get it back, we will see.  Certainly raises the political risk for all companies there, and it was high already

[ASHRAM]

if they not got licence back that means they have nothing.why stock is still trading at 2 cents.if company have nothing why market cap is still 3 mill.i hold 5 years and lost big.

[PressRelease]

VANCOUVER, BC, Sept. 6, 2023 /CNW/ - Trading resumes in:Company: Sarama Resources Ltd.TSX-Venture Symbol: SWAAll Issues: YesResumption (ET): 9:30 AMCIRO can make a decision to impose a temporary suspension (halt) of trading in a security of a publicly-listed company. Trading halts are implemented...read article.

[RockLobster1]

Bad news issued... hopefully they can get the licence back...

[RockLobster1]

I meant halted... but both words apply here I guess... Can they ever unlock the great value here...

[RockLobster1]

Something about a letter for exploration permits...  for one property

[ASHRAM]

short sellers will keep selling short.they do not care fundamentals they keep selling all small and big gold stocks.if one or two go up they take lose but rest they make big profit.they have lots of

[austrochris]

PEA is coming next weeks . What a market . Chesser was bought out for 90 Million Australdollar with just inder 1 Million ounces . Sarama has almost 5 Million ( new drilling included 2022 ) 

[templetooth2]

A  small gold fund, Myrmikan Gold Fund LLC has reported a shareholding of 12,097,145 shares as of June 1. This is apparently 7.98% of outstanding. Very quick Google search tells me Myrmikan has

[RockLobster1]

very undervalued... country risk but in a bull mkt they should do well and get sold eventually... so cheap but nobody cares at the moment.

[ASHRAM]

STOCK IS HALTED WHY?

[austrochris]

first stage 70 000 ounces / year 2 gramm oxide softrock = about 50 to 60 Million US Dollar capex = 12 month payback at around 1800 Dollar goldprice = 7 years production . More than enough money then

[SNgu8000]

SELL ON THE NEWS !

[ASHRAM]

GOOD DRILL RESULTS BUT STOCK GOING DOWN WHY.

[ASHRAM]

good drill results but stock is 52 week low why any comment.good luck all.