I still look into Gold explorers.Some interest now in SBS, but...

  1. 5,813 Posts.
    I still look into Gold explorers.
    Some interest now in SBS, but not high volume.

    The company CHN is interested in SBS.Is now Junior gold explorers Chalice Gold Mines, CHN and Sub-Sahara Resources plan to merge, using Chalice’s funds to help develop cash-strapped Sub-Sahara's high grade Zara project in Eritrea.

    Chalice has offered one of its shares for every 10.73 Sub-Sahara shares held, valuing the latter at $5.6 million, based on Chalice’s share price of 12 cents on Thursday.

    Its all about the 1 mill. Koka Gold deposit, which has also upgrade potential.

    Fact is, the 1 mill. oz. will not left in the ground.

    Huge amount of money in forseen gold prices.



 
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