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SGX Resources Inc V.SXR

"SGX Resources Inc is a Canadian company which is engaged in acquiring, exploring, and developing mineral properties in the Timmins region of Ontario, Canada. The company holds an interest in Timmins South properties, Timmins North properties, and other properties."


TSXV:SXR - Post by User

Bullboard Posts
Comment by SurfForWealthon May 20, 2007 9:04am
712 Views
Post# 12811434

RE: EMC for sale

RE: EMC for saleI totally agree. It is time for SXR to start building U production and generating CF now that they have already put the pieces into place to be highly successful. We do not need further dilution & complexities. I see very minimal synergistic value in SXR buying out EMC anyways. I hope it is a large base metal or gold miner or even possibly CCO. The I hope for a high premium and possible bidding war. This would help re-value the others budding stocks in the sector to higher levels. If I had to guess, I would suggest it might be Denison as they would get the most synergistic benefit as far as I can see and they are already highly fragmented anyways. FWIW my current U holdings by weight are SXR, AXU, PDN, RSC & FRG. I do trade them all adjusting positions depending on stock gyrations. It has been a profitable exercise. Cheers!!!
Bullboard Posts