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Savary Gold SVVYF

"Savary Gold Corp is a Canadian exploration company. The company operates in the operating segment of acquisition, exploration, and evaluation of properties. The group is focused on the exploration and evaluation of its Karankasso gold project located in Burkina Faso, Africa. The property includes five exploration licences totaling around 688 square kilometer."


GREY:SVVYF - Post by User

Comment by Agaric14on Mar 29, 2016 11:31am
93 Views
Post# 24707586

RE:who will take us out ?

RE:who will take us out ?It may be a little early to speculate on such things.  Consider, Semafo has last year taken over Savary's neighbour, Orbis, (Australian) for $200 million CAD.      As SCA's market cap is $8M that suggests a fair future target of $1.50 for Savary.

As Endeavour is already a shareholder they would have an edge but if gold rises more in price and Savary grows considerably more ounces along its 40km+ strike length we could possibly see much higher values for SCA.
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