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 > Indifference

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Post by templetooth2on Sep 06, 2022 5:14pm

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Post# 34945027

Indifference

Yesterday, (Tuesday), Sarama traded 20,000 shares at 13.5 cents (AUD), equivalent to about 12 cents CDN. On Monday, it traded about 22,000 shares, closed at 14cents.

I thought the idea of listing in Australia was to give the company exposure to investors with a lot higher tolerance for exotic places in general/ Africa in particular. So far, there's zero evidence that the Ozzies could be bothered to pay attention.

This is not starting out well, is it?

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Advancing flagship Ishkõday Gold Project in Ontario