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Silver Range Resources Ltd V.SNG

Alternate Symbol(s):  SLRRF

Silver Range Resources Ltd. is a Canada-based precious metals prospect generator with projects in the Southwest United States and Northern Canada. The Company's work is focused on the Southwest United States. It has assembled a portfolio of over 38 properties, of which 10 are under option to others. Five other projects have been converted to royalty interests. Its mineral property interests include various mineral properties located in the Yukon Territory, Northwest Territories, and Nunavut in Canada and in Nevada and Arizona, United States. Its active property transactions include Silver Range Project, South Kitikmeot Gold Project and Bellehelen Project. Its featured projects in Nevada include Shamrock, Cambridge Mine, Tonto del Pueblo and Sand Springs. It has retained interests in mineral properties acquired by third parties, which include Yuge Property, Cabin Lake Property, Michelle Property, Tom Property and South Weepah Property. It has a 25% interest in East Gold Point property.


TSXV:SNG - Post by User

Post by schocoron Sep 02, 2021 2:13am
243 Views
Post# 33799507

Tough business - hard to value

Tough business - hard to value

This grass roots project generation type of mining is a tough business; especially these days with ZERO interest in the sector or this kind of company in paeticular. (Stupid bitcoins)

They have some projects in remote areas and a market capitalization of $10m; but nothing to Really generate enough excitement to raise capital to explore any of it properly. The company could be worth $5m or $20m right now...very hard to value. 

every squirrel finds a nut and I am sure these guy will generate a mine one day, but it's tough till then. They need a STORY. Tree hill is a STORY. They need to get back there and convince somebody that diamonds and conglomerate hosted gold exist there. Then it's rocket ship to the moon- stock price wise. 

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