Awale Resources Ltd V.ARIC

Alternate Symbol(s): AWLRF

Awale Resources Limited is a Canada-based mineral exploration company focused on discovering high-grade gold and copper-gold deposits. The Company undertakes exploration activities in the underexplored parts of Cote d'Ivoire. The Company’s portfolio includes the Odienne Project in north-west Cote d’Ivoire. Odienne Project lies in the northwest Denguele Region of Cote d’Ivoire, close to the borders of Mali and Guinea. The project covers approximately 2,462 square kilometers (km2) in seven permits - the granted Odienne East and Sienso permits, and five permits under application. Its mineralization targets include the Sceptre, Charger, Lando, and BBM Prospects. Sceptre is a 5-km-long high-tenor copper-gold (Cu-Au) Iron Oxide Copper Gold (IOCG) geochemical target which has broad copper-gold, molybdenum, and silver intercepts. The Empire Gold Discovery is a high-grade gold target located on the 20 km long Empire structural corridor.

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Awale Resources Ltd > How does this price make sense?

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Comment by evilballson Apr 23, 2024 9:32am

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Post# 36003014

RE:How does this price make sense?

It's a horrible bought deal. Even if you pretend those warrants are just more cashed up shares.... its still a .68 cent deal. Hard to ever trust management on this again. I might come back, but right now the stain management has caused its hard to ever put more than a speculative position on this stock again no matter how derisked it gets.

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