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Bullboard - Stock Discussion Forum Sarama Resources Ltd V.SWA

Alternate Symbol(s):  SRMMF

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... see more

TSXV:SWA - Post Discussion

Sarama Resources Ltd > Recently...
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Post by audigger13321 on Jun 18, 2020 11:35am

Recently...

I did commit some funds into this project.
IMHO this could be a takeover target, as the
Chinese are very active in thew area.
Property has good gold grades, extensive acreage, and
could end as a district size project.
As always, do  your own research, as I express an opinion
just on my own investments.
Audi.
Comment by ukermann on Jun 19, 2020 3:35pm
Yeah, So it looks like the Chinese are outbidding NordGold on the Cardinal property. Still a cheap bid @ $30 an ounce on the 7 million ounces they claim to have. NordGold has lots of properties in Burkina Faso, so they're well connected. They're already holding 20% of Cardinal, so if they lose it, they get a running cash start to go shopping for somebody else. Could be that they might take ...more  
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