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Bullboard - Stock Discussion Forum Sarama Resources Ltd V.SWA

Alternate Symbol(s):  SRMMF

Metals & Mining Gold
Sarama Resources Ltd. is an Australia-based gold explorer and developer. The Company is focused on establishing a new mining district in Burkina Faso. The Company’s Sanutura Project is located approximately 350 kilometers (km) southwest of Ouagadougou. The Project covers approximately 1,454 square kilometers (km2) of prospective greenstone terrane. The Company holds approximately 17.52% holding... see more

TSXV:SWA - Post Discussion

Sarama Resources Ltd > EDV & YOU
View:
Post by ukermann on Jul 08, 2020 6:44am

EDV & YOU

So as gold continues its march towards $2000 US, EDV stands alone to be the logical acquirer of SWA. Partners in Karankasso, we offer over 2 million easy ounces to their mix. Why they are waiting is beyond me. Every 1% of their share price/market cap equals approx $35 million bucks, so on a good day where the share price moves say 2%, thats the $70 mill SWA would agree to. EDV is up about 12% in the last week or so, since the Semafo closing. Time is ticking away....
Comment by ASHRAM on Jul 08, 2020 7:23am
any idea how much edv will pay for swa in all stock offer.can tgz or any other can give counter offer.if gold at 1800 and we get 20 cents offer stock at 13 cents looks buy.good luck all.
Sarama Resources Ltd