Silver Range Resources Ltd V.SNG

Alternate Symbol(s): SLRRF

Metals & Mining Industrial Metals & Minerals

Silver Range Resources Ltd. is a Canada-based precious metals prospect generator with projects in the Southwest United States and Northern Canada. The Company's work is focused on the Southwest United States. It has assembled a portfolio of over 38 properties, of which 10 are under option to others. Five other projects have been converted to royalty interests. Its mineral property interests include various mineral properties located in the Yukon Territory, Northwest Territories, and Nunavut in Canada and in Nevada and Arizona, United States. Its active property transactions include Silver Range Project, South Kitikmeot Gold Project and Bellehelen Project. Its featured projects in Nevada include Shamrock, Cambridge Mine, Tonto del Pueblo and Sand Springs. It has retained interests in mineral properties acquired by third parties, which include Yuge Property, Cabin Lake Property, Michelle Property, Tom Property and South Weepah Property. It has a 25% interest in East Gold Point property.

TSXV:SNG - Post by User

Silver Range Resources Ltd

Bullboard Posts

Comment by kelsat01on Mar 25, 2009 11:40pm

332 Views

Post# 15871683

RE: RE: SNG = CHQ = GReg NoVal

I agree. If somebody wants controlling interest in block 5c and they do a joint deal with CHQ and SNG that is CHQ's only hope. Otherwise CHQ's 25% goes back to SMG regardless of how much they spent so far. As a SNG share holder, I believe that the 70% of block 5c is more valuable and thus it would be better for CHQ to remain in default and for SNG to find alternate ys to get the money to satisfy CWB.

Perhaps it is best for SNG shareholders to sever ties with CHQ in order to maximize shareholder value. Palo Alto can you help?

Bullboard Posts

The top 10 Canadian medical stocks