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
