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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

Bullboard Posts
Comment by SAMITHEBULLon Mar 08, 2003 7:26pm
261 Views
Post# 5931472

RE: Maybe!

RE: Maybe!You are right about saying "never",but at the current price ,SNG is undervalued.That is the first time we can say this about SNG for a long time.With the production they just picked up,they should have a floor price between $1.80-$2.00.This is all based on the cash flows they ARE generating today.IF it ever gets down to even $1.30, i will buy all the shares i can afford.I will go as far as saying that SNG will hit $2.50 this year even without any big finds in the east coast.If any of their current drilling results come in positive,$3.00 will be reached w/o much effort.So,for the short term lets hope a couple of down days , so we can add more. Takecare Samithebull
Bullboard Posts