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.

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Sama Resources Inc

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Comment by allmineon Jun 21, 2007 7:25pm

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Post# 12981473

RE: Company up for sale?

Funny you should mention this at this time. I have had a feeling the company would be bought out for the last year or so. I believe I posted it previously, I also made an inquiry with EnCana just for fun. Brooker's background is tailor made to develop companies like StormCat towards an eventual sale. I also believe that the recent debt placement was arranged with this in mind.

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