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Sama Resources Inc V.SME

Alternate Symbol(s):  SAMMF

Sama Resources Inc. is a Canada-based resource company. The Company is focused on exploring the Samapleu nickel-copper project in Cote d’Ivoire, West Africa. The Company’s projects are located approximately 600 kilometers (km) northwest of Abidjan in Cote d’Ivoire and are flanked to the west by the Ivorian and Guinean borders. Its projects are located adjacent to the nickel-cobalt laterite deposits of Sipilou and Foungouesso, forming a 125 km-long new Base Metal Camp in West Africa. Its property includes Samapleu Property, Zeregouine property, Grata Property, and Zoupleu Property. Its Grata Property is located adjacent to the north-eastern boundary of the Samapleu Property. Its Grata Property covers 92 square kilometers of property in Cote d’Ivoire. The Company's subsidiaries include Sama Nickel Corporation, Sama Nickel Cote d’Ivoire SARL, Societe Miniere du Tonkpi SARL, SRQ Resources Inc., Sama Resources Development Inc., and Sama Resources Liberia Inc.


TSXV:SME - Post by User

Bullboard Posts
Comment by smarmyon Feb 05, 2002 12:04pm
630 Views
Post# 4734542

RE: any reason to buy here?

RE: any reason to buy here?The mgmt of Storm seem to have a habit of making money - starting a fairly small company (or re-capitalizing one) then building it up and eventually selling. The old adage - a proven track record for their shareholders. Maybe "slow and steady wins the race" also describes them lately, but Brister's not known for being overly slow. They don't attract a lot of press, and don't seem to go looking for it. the fact that they are fairly weighted to oil is certainly helping them out right now - less share price depreciation due to poor NG price. Other than that, no reason to buy at this time - no juicy rumours, so far as I know. You can check out their web site - www.stormenergy.com - for a fairly recent corporate presentation. Hope this helps, Smarmy
Bullboard Posts