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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Post by allmineon Nov 07, 2007 8:47pm

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Post# 13773345

Theory & new article

First, the latest article: https://www.theglobeandmail.com/servlet/story/LAC.20071107.BCBORDER07/TPStory/TPNational/BritishColumbia/ Second, I believe SME has known E.V. to be economically viable for a long time, the only issue has been the grandfathering and how it will apply. From price activity, volume, the debt financing, mgmts recent insider buying, all this has been worked out and they are just trying not to let the CAT out of the bag too soon and are allowing those they have made deals with to accumulate in a discreet manner up until the last moment. The first runup will be to the mid 2.50's, after that we will be on a steady rise into the second quarter of 2008. All the best

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