Sarama Resources Ltd V.SWA

Alternate Symbol(s): SRMMF

Metals & Mining Gold

Sarama Resources Ltd. is an Australia-based gold explorer and developer. The Company is focused on establishing a new mining district in Burkina Faso. The Company's projects include Sanutura Project, Karankasso Project and Koumandara Project. The Sanutura Project is located approximately 350 kilometers (km) southwest of Ouagadougou. Its 100% owned Sanutura and Koumandara Projects cover approximately 2,000 km2 of prospective and geologically greenstone terrane. The southern Sanutura Project area covers approximately 1,454 square kilometers of prospective greenstone terrane. The Karankasso Project is situated 130 km southwest of Endeavour Mining’s Mana Mine, Fortuna Silver's Yaramoko Mine and approximately 60 km south of Endeavour Mining's Hounde Mine. The Koumandara Project covers approximately 600 km2 and is situated in the northern Banfora Greenstone Belt, approximately 80 km west of Sarama's Sanutura Project.

TSXV:SWA - Post by User

Sarama Resources Ltd

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Comment by Czechlateon Nov 25, 2014 7:44am

107 Views

Post# 23160787

RE:cash in hand

I have started to build a position here. I believe we are at bottom fishing price and with the cash on hand and 1.5 mil ounce in ground already only going up from here. The limited drilling in Liberia has met with success as well as in Burkina Faso so 2015 looks promising for SWA . Dont want to say too much as I still have 2 or 3 hundred K shares to buy. Will post more soon on what I see in this company. Besides a nice trading profit that is.

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