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Salazar Resources Ltd V.SRL

Alternate Symbol(s):  SRLZF

Salazar Resources Limited is focused on the discovery, exploration, and development in Ecuador. The Company has a wholly owned pipeline of copper-gold exploration projects across Ecuador, with a strategy to make another commercial discovery and farm-out non-core assets. The Company has carried interests in three projects. At its maiden discovery, Curipamba, it has a 25% stake fully carried through to production. At two copper-gold porphyry projects, Pijili and Santiago, the Company has a 20% stake fully carried through to a construction decision. The Curipamba Project consists of seven concessions located in the provinces of Bolivar and Los Rios, Ecuador. The Pijili project consists of five concessions totaling approximately 3,254 hectares (ha). Pijili is located in the province of Azuay, approximately 150 kilometers (km) from the major port city of Guayaquil. The Santiago Project consists of a single concession that encompasses about 2,350 ha.


TSXV:SRL - Post by User

Bullboard Posts
Post by Snozolaon Sep 13, 2010 10:41am
719 Views
Post# 17440562

Still trades on the Frankfurt Exchange

Still trades on the Frankfurt ExchangeI think that the exchange is being very picky about this issue with the cease trade, the proper procedure would have been to give them a date to have the report done by. Salazar will come back stronger than ever in 10 days or so as Fredy Salazar quoted in the news release.  The stock still trades in Frankfurt and closed today at 1.07 euro or 1.41 Canadian. The bids this morning were as high as 1.39 canadian prior to the halt.
Bullboard Posts