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Bullboard - Stock Discussion Forum Sarama Resources Ltd V.SWA

Alternate Symbol(s):  SRMMF

Sarama Resources Ltd. is a gold-focused Australian exploration and development company that is pursuing exploration at two prospective and under-explored belt-scale gold projects in the prolific Eastern Goldfields of Western Australia. The Company's gold projects include Cosmo Project and Mt Venn Project. Its Cosmo Project comprises approximately seven contiguous exploration tenements covering... see more

Bullboard (TSXV:SWA)

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Comment by ASHRAMon Mar 12, 2022 5:57pm

RE:RE:RE:halt

where you get the news of raise money at 19  cents.discount of 9 cents from last traded 28 cents is too much.if management did that they are not good managers.
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  • Tree2treeX
Comment by Tree2treeon Mar 12, 2022 2:33pm

RE:RE:halt

The ASX listing and the funds for more drilling are good news.  But the raise is at 19 cents CAN, so there may be a short-term effect on the share price.
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  • RockLobster1X
Comment by RockLobster1on Mar 11, 2022 11:26am

RE:halt

Listing on ASX coming in April... and they are raising 6-8 million at 0.21 AUD, no warrants...
Post by ASHRAMon Mar 11, 2022 10:24am

halt

halted pending news.
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  • mercedesmanX
Comment by mercedesmanon Feb 22, 2022 11:24am

RE:RE:RE:Cheap like borscht

3M oz of I&I SWA properties are surrounded by 3 Endeavour mines. I keep waiting for an Offer that one day might come. A little more patience needed on this one. MM
Comment by lumpy13on Feb 19, 2022 8:51pm

RE:RE:Cheap like borscht

To put it simply, there is an incredible political risk discount.
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  • RockLobster1X
Comment by RockLobster1on Feb 19, 2022 2:39am

RE:Cheap like borscht

Looks like we've bottomed.. lots of chance to buy at 15, now 21 and rising. Last chance to get this cheap maybe
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  • templetooth2X
Post by templetooth2on Jan 11, 2022 2:09pm

Cheap like borscht

I listened to the exploration plan webinar this morning. Hard to believe this company's stock price is so low, given the upside potential with even limited success in the forthcoming drill program ...more  
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  • Tree2treeX
Comment by Tree2treeon Dec 22, 2021 2:35pm

RE:RE:RE:Extremely low cost ounces

What a surpise to see the phool on this board, living out his delusions and his obsessions.
Comment by ABDPhilon Dec 21, 2021 3:07pm

RE:RE:Extremely low cost ounces

It does not cost much and it is not worth anything ...   In consideration of the quantity of mineral resources in the indicated category; the level of its cash flow and its geographic ...more  
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  • Tree2treeX
Comment by Tree2treeon Dec 19, 2021 5:46pm

RE:Extremely low cost ounces

Not sure if the image got attached or not.  Here is a link to the presentation, see page 26: https://www.loncor.com/component/jdownloads/?task=download.send&id=112&catid=21&m=0& ...more  
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  • Tree2treeX
Post by Tree2treeon Dec 19, 2021 3:02pm

Extremely low cost ounces

See the page below from a presentation by another explorer.  It shows SWA as having the lowest-cost ounces of any of the selected projects.  And with above-average grades.  Of course ...more  
Comment by ABDPhilon Nov 24, 2021 8:55pm

RE:RE:RE:Bantou

It’s not easy to evaluate a gold exploration company, and it’s even more so when the flagship project is in its early stages. To develop a license with the objective of exploiting or selling it for ...more  
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  • templetooth2X
Comment by templetooth2on Nov 24, 2021 6:44pm

RE:RE:Bantou

I'm just trying to establish, in my own mind, what's a reasonable value for Sarama when it's producing news - as opposed to its current state of affairs of borderline dead. You might be ...more  
Comment by ABDPhilon Nov 24, 2021 5:40pm

RE:Bantou

Even if anything is possible, your scenario with Endeavor is improbable. The Sarama project is not very advanced and it will take years of effort to confirm sufficient reserves, if any. I think it is ...more  
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