Silver Range Resources Ltd V.SNG

Alternate Symbol(s): SLRRF

Metals & Mining Industrial Metals & Minerals

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

Silver Range Resources Ltd

Bullboard Posts

Comment by Darilonon Jun 11, 2003 1:22pm

281 Views

Post# 6161588

RE: Anyone know what's up?

I'm seeing a fair bit of movement in most of my NG stocks. Here's my theory: most of the equity market is a bit overpriced at the moment (looking at P/E's and cash flow multiples) - the Dow is over 9000 again (too high) and folks are cashing out and looking for better places to put their cash. NG companies right now should be a LOT hotter than they have been. I suspect they have been avoided because folks were thinking the NG crunch was going to be another short one like 2001 (I was doubtful myself, but still bought because the valuations were good no matter how you look at it). Now that the high NG prices have been sustained for over 6 months, and look to continue until at least spring 2004, the bandwagon is finally starting (at least I HOPE so!). Here's hoping all of us long time O&G investors get some good opportunities for some huge profit taking soon