Sarama Resources Ltd V.SWA

Indifference

[templetooth2]

Yesterday, (Tuesday), Sarama traded 20,000 shares at 13.5 cents (AUD), equivalent to about 12 cents CDN. On Monday, it traded about 22,000 shares, closed at 14cents.

I thought the idea of listing in Australia was to give the company exposure to investors with a lot higher tolerance for exotic places in general/ Africa in particular. So far, there's zero evidence that the Ozzies could be bothered to pay attention.

This is not starting out well, is it?

[mercedesman]

You are not wrong. However, have you noticed that 95% of gold equities have been clubbed like a baby seal? There is total market indifference toward explorers, near producers and producers.  Even cash flow rich gold producers with low AISCs (evidence EDV). Not to mention a general market collapse that is hurting almost every non-resource equity as well. Such "indifference"