Savary-- Discussion + Research IdeasHi All. This is a somewhat promotional post. But please keep in mind I’m trying to get more conversation going on Savary Gold (SCA), and figuring out it’s value/potential for shareholders.
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Full Upfront Disclosure: I am not currently a shareholder of SCA, but I was at one time. I am currently a shareholder of SWA. I’m trying to figure out if I should I buy SCA at these levels, and how it compares with Sarama Resources (SWA). I also want to provide exposure for shareholders and potential shareholders of SCA + SWA to compare their strengths/weaknesses, since they both have significant stakes in the Karankasso JV.
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The SCA share price has been moving up on serious volume over the past few days. But there’s been very little discussion on Stockhouse related to recent events, and over the last few months in general. I recently started posting on Stockhouse, and SCA is one of the stocks I’m most interested in right now. I’m open to discussing here. But I want to propose that SCA shareholders should check out the following website if they haven’t already:
https://chat.ceo.ca/index.html
Here are the main reasons I recommend it:
1.
Check out previous discussions on Savary in the “SCA” room/channel at chat.ceo.ca . I’ve posted a lot more at chat.ceo.ca than stockhouse—it’s just easier once you try it. Had some discussions with others on SCA, and there’s some good notes from someone who attended the RedCloud Mining Event where Savary presented last week. All of this discussion is saved in the chat.
2.
Compare SCA + SWA and discuss. I strongly think any Savary shareholders (and anyone interested in Savary) needs to evaluate it on a relative value basis with Sarama (SWA). I’ve posted some detailed comments on this at chat.ceo.ca . I can re-post some of these comments here, or you can check them out immediately at that site. It’s also very easy to search for any other companies at chat.ceo.ca
It’s pretty clear that event + the recent News Release has had positive impact on near-term share price of SCA. This deserves to be discussed.
For the record: I don’t know anyone at chat.ceo.ca , and I’ve been posting there for only 1 month. I’m American and that site is Canadian like Stockhouse. I just like it, and I think some people here might like it too if they haven't checked it out yet.
I have the same name on there, “MiningBookGuy”, and I post almost every day. It’s a really easy way to have quick conversations, either in the main room, a company room (like “SCA”), or in a private room (for 1-on-1 conversations, or with a few people). Again, I’m happy to discuss on Stockhouse as well (if anyone wants to respond directly to this message). It’s just a different way to communicate at chat.ceo.ca . Much quicker and really easy to search for older info. Stockhouse is probably better for longer messages.
Even if no one responds to this, I hope SCA keeps finding more gold! I think the South Hounde Belt in Burkina Faso is one of the most exciting areas for gold exploration in the world right now, and Savary is right there.
MiningBookGuy