Sama Resources Inc V.SME

Alternate Symbol(s): SAMMF

Metals & Mining Industrial Metals & Minerals

Sama Resources Inc. is a Canada-based resource company. The Company is focused on exploring the Samapleu nickel-copper project in Cote d’Ivoire, West Africa. The Company’s projects are located approximately 600 kilometers (km) northwest of Abidjan in Cote d’Ivoire and are flanked to the west by the Ivorian and Guinean borders. Its projects are located adjacent to the nickel-cobalt laterite deposits of Sipilou and Foungouesso, forming a 125 km-long new Base Metal Camp in West Africa. Its property includes Samapleu Property, Zeregouine property, Grata Property, and Zoupleu Property. Its Grata Property is located adjacent to the north-eastern boundary of the Samapleu Property. Its Grata Property covers 92 square kilometers of property in Cote d’Ivoire. The Company's subsidiaries include Sama Nickel Corporation, Sama Nickel Cote d’Ivoire SARL, Societe Miniere du Tonkpi SARL, SRQ Resources Inc., Sama Resources Development Inc., and Sama Resources Liberia Inc.

TSXV:SME - Post by User

Sama Resources Inc

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Comment by allmineon Jan 24, 2006 12:15am

267 Views

Post# 10234303

RE: I think there was a gap...

This is for SME, not SCU. On January 15/06 I told someone else that I saw the potential for the CAT to drift to as low as 2.80, possibly as low as 2.70 with no news, this of course strictly on a technical basis (no news). At the same time I had told someone else (on the basis of my T.A.)to watch CAX which went from around .80 to a high of 1.13 If we go solely with the "gap" theory, with no news you can say hello to 2.40 (SME, not SCU). I will puke myself but basing it on gaps it could happen.

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