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Stellar AfricaGold Inc V.SPX

Alternate Symbol(s):  STLXF

Stellar AfricaGold Inc. is a Canadian precious metal exploration company. The Company is focused on exploring for gold in the Kingdom of Morocco, and Cote d’Ivoire. The Company's projects include the Tichka Est Project and the Zuenoula Gold permit. The Tichka Est gold project, comprising seven permits aggregating 82 square kilometers, is accessible year-round by road via a national and regional road to the village of Analghi located near the mineralized gold zone. Its Zuenoula project is a 396 square kilometers (km2) license in the Marahoue Department in central Cote d’Ivoire, approximately 300 kilometers (km) north of Abidjan. The Zuenoula Exploration license application straddles the same NE/SW major structure that hosts the Abujar and Tietto mineral deposits. The project is located 100km north-west of the city of Yamoussoukro, the capital of Cote d’Ivoire.


TSXV:SPX - Post by User

Bullboard Posts
Comment by CONSTRUCTIVE_SUBVERSIONon Apr 25, 2012 11:21am
97 Views
Post# 19833832

RE: Why does everyone think they are getting such

RE: Why does everyone think they are getting such

Perhaps people are already selling their Lot shares as they hold the Spx shares in kind.

I think there is a very good potential on the Lot. Spx after dividend will likely be cheaper,

but look at the opportunity that will be had there as well. Remember, they still have many

shares of Lot, and I think there are about 5.5 million or so that would be kept by SPX. So if

lot stays around 40 45 cents. That would imply some kind of valuation in the order of 2.7 million

dollars. Add the pieces together and youre getting the rest of SPX for not that much. Maybe you

just want everyone to follow your lead and do what you do. Everyone expects the shares to perhaps

drop after dividend but theres still a good amount of opportunity to make profits from these prices.

Bullboard Posts

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