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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 entered into a binding agreement to acquire an interest in the Cosmo Newbery Gold Project in Western Australia. The 580 km2 project covers the entirety of the Cosmo-Newbery Greenstone Belt and is located approximately 85 km north-east of Laverton.


TSXV:SWA - Post by User

Sarama Resources Ltd
Bullboard Posts
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Comment by lessspikeon Jun 12, 2016 3:30pm
163 Views
Post# 24958475

RE:RE:Sarama private placement for $2.25M...

RE:RE:Sarama private placement for $2.25M...You are right.  As soon as they get fully subscribed to this offering, the share price will be able to advance but will be held back in the meantime.  This company is well undervalued, and continued good drilling results will push it up to the .25-.30 range in the near term.
Bullboard Posts
Dealroom for high-potential pre-IPO opportunities