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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 > Chart and boredom
View:
Post by RockLobster1 on Jan 21, 2021 6:53am

Chart and boredom

We have been wallowing and drifting since we hit 50 cents in July... just lower and not much volume or interest.\

we are now at an area of support, the highs of 2019 were around 30 cents.  The 200 day MA is at .31 and rising... 50 day MA at 33 and falling...

So i think with some news or a gold rally we could bounce from here and start a new rally... or if not drift under 30...

I bought on fundamentals at higher prices and loaded up in the march crash... I am not trading it but I think it's a good time to add here.

Do we have any news or catalysts coming?
Comment by yoshka2000 on Jan 25, 2021 4:15pm
I can't see any bounce,just drifting till, NR like you stated but, how low can  it go," 0.20-.25"? Compare if you like to ,Co."s in W.Africa, T.ROG $1.50 producer,  V.NXS, 0.08 none producer, and a whole mix of Gold Co.'s  in different stages and the time it takes to get to the finish line takes years.SWA is still in the exploration stage and has not proven up ...more  
Comment by RockLobster1 on Feb 25, 2021 10:46am
well i am rellay bored now.... anyone see any catalysts?
Comment by ASHRAM on Feb 25, 2021 11:06am
only if they are drilling and get good  results that can  help stock.  edv is not rushing to buy out they know they are the only buyer of swa.i am holding bag with who buy at 33 cents offering few months back.
Comment by ASHRAM on Feb 25, 2021 11:12am
under 33 cents is strong buy but do not know how long you have wait for takeover.good luck all.
Comment by ASHRAM on Apr 26, 2021 9:15am
rox gold is gone swa is in same area but no one buy this. why.
Comment by yoshka2000 on Apr 27, 2021 12:10pm
You have to have, proven resource of millions of oz. for someone to take a look . Another Co. is orezone just under a buck in comparision in W. Africa you should look at.SWA to me is just too many years off before fruitation might hapen.
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