Sarama Resources Ltd V.SWA

Alternate Symbol(s): SRMMF

Metals & Mining Gold

Sarama Resources Ltd. is an Australia-based gold explorer and developer. The Company is focused on establishing a new mining district in Burkina Faso. The Company’s Sanutura Project is located approximately 350 kilometers (km) southwest of Ouagadougou. The Project covers approximately 1,454 square kilometers (km2) of prospective greenstone terrane. The Company holds approximately 17.52% holding in Joint Venture BFI Inc., which holds the exploration and evaluation asset pertaining to the Karankasso Project in Burkina Faso. The Karankasso Project is situated 130 km southwest of Endeavour Mining’s Mana Mine, Fortuna Silver's Yaramoko Mine and approximately 60 km south of Endeavour Mining's Hounde Mine. The Company also has an 80 % interest in the Cosmo Newbery Gold Project in Western Australia, and consists of seven contiguous exploration tenements covering approximately 580km2 in the Eastern Goldfields of Western Australia, 85km north-east of Laverton and 95km west Gruyere Gold Mine.

TSXV:SWA - Post by User

Sarama Resources Ltd

Bullboard Posts

Post by MiningBookGuyon Oct 14, 2015 11:34am

133 Views

Post# 24190245

Sarama – Discussion + Research Ideas

Hi All. I just started posting on Stockhouse. I’ve been a shareholder in Sarama Resources (SWA) for over a year. There was a lot of discussion just after the Earn-In announced with Acacia Mining in Nov 2014. Discussion died down a few months later, and pretty much nothing the last couple months, except a couple news releases (posted by me).

I believe Sarama is one of the most misunderstood gold juniors, and it deserves a lot more attention. Perhaps the best starting point is to compare Sarama to Savary Gold (SCA). As of today, they have roughly the same market cap. I believe this seriously undervalues Sarama. Anyone who owns SCA should at least do a quick comparison with SWA, and then dig deeper.

I made a post on the SCA bullboard about an hour ago to try to start a discussion on this. More discussion on both of these companies would be great (I do like SCA even though I don’t own shares right now). But I strongly encourage you to check out the following site for immediate information:

https://chat.ceo.ca/index.html

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.

I have the same name on there, “MiningBookGuy”, and I post almost every day. I’ve made some posts on SWA. But even at chat.ceo.ca , few people want to discuss it. I think it would be great to re-ignite discussion of Sarama over there. I think it’s easier and quicker to have discussions at chat.ceo.ca , and search for other companies. There’s a good “private chat” feature for 1-on-1 conversations as well. But I’d be happy just to re-ignite discussions of Sarama here on Stockhouse. Discussion anywhere is good!

Anyway, just wanted to see if anyone’s out there. Sarama is one of my favorite juniors. I think it’s just a matter of time before others figure out it’s so undervalued. But more discussion and factt/opinion sharing is a good place to start!

MiningBookGuy

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