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8.33% 2.2¢ sarama resources ltd

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  1. austrochris
    85 Posts.
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    12/05/23
    04:40
    Post #: 67733543
    Fortuna bought just chesser resources for about 80 MillIian Canadian Dollar . Chesser has a resource of 860 000 ounces - 1,8 gramm /ton .
    Sarama has now over 3 Million ounces and is valued much much lower . I think sarama has a much better strip ratio than chesser .
    Chesser is in senegal and sarama in burkina faso. The first oxide phase would be around 2 g/t for the first several years, that is incredibly high grade for near surface presumably low strip oxide ore.
    It is clear that an explorer needs money . Make your own research , the first oxide phase could have 400 to 500 MIllion Dollar NPV / gold 1900 Dollar . For me sarama is a buy !
    SRR Price at posting: 10.0¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 3  Upvote
    lightbulb Created with Sketch.  Great analysis
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2.2¢ 		Change
-0.002(8.33%) 		Mkt cap ! $1.94M
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2.3¢ 2.3¢ 2.2¢ $4.423K 200.1K

Buyers (Bids)

No. Vol. Price($)
2 175975 2.1¢
 

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Price($) Vol. No.
2.2¢ 102895 2
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Last trade - 15.43pm 21/06/2024 (20 minute delay) ?
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