GREY:SVVYF - Post by User
Comment by
Agaric14on Mar 29, 2016 11:31am
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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.