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Sanatana Resources Inc V.STA

Alternate Symbol(s):  SADMF

Sanatana Resources Inc. is a mineral exploration and development company. The Company is engaged in the acquisition, exploration and development of exploration and evaluation assets. Its principal project is the Oweegee Dome copper-gold porphyry property. The Oweegee Dome copper-gold porphyry property is situated 40 km east of the KSM - Brucejack - Treaty Creek cluster of base and precious metal deposits and is underlain by similar geologic conditions, Stuhini Group (Tiassic age) host rocks, intrusions of the right age, alteration and porphyry style copper, gold, silver, and molybdenite mineralization. Its Santoy property is located on the northern shores of Lake Superior, 20 km east of Terrace Bay via Highway 17, Ontario, which covers an area of 551 hectares (1,362 acres) made up of 32 cell mining claims. Its Gold Rush Project is located 25 kilometers (km) west-northwest (WNW) of the city of Timmins, Ontario. Its other properties include Fortune and Empress.


TSXV:STA - Post by User

Bullboard Posts
Comment by CommonSenseGoldon Feb 01, 2015 4:53pm
107 Views
Post# 23386840

RE:You asked about the risk/reward of STA

RE:You asked about the risk/reward of STAThe 9mil that they will recieve as part of the JV with Trelawney is already valued in the current SP of 7c. I am watching many other undervalued Gold stocks with multi million high grade gold in the ground.

I recently bought GIX, NCG and BYN. I am looking for more undervalued gold stocks with some value in the ground.

As of my understanding, STA has nothing of value in the ground yet? Correct me if I am wrong. IMG only wants access to the Watershed property for mining purposes of Cote Gold.

I am not a basher nor a pumper. I am just doing alot of research and DD. I am just very careful with my investments.









Bullboard Posts