SNG siren gold limited

3.77%

5.1¢

Federation and Siren, page-4

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EWexplorer

6,020 Posts.

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12/05/24

09:39

Post #: 73782682
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Originally posted by Woltond: ↑

Federation have all of the approvals in place, including for a Processing Plant in Reefton which is now funded and ready to build.I guess they are not in a position where they need to do a deal with Siren. Although to us common folk it naturally makes sense.You'd think at some point in the not too distant future some M&A will play out with Federation, Siren and Rua Gold. Its no coincidence that Rua have just listed on the Canadian Stock Exchange when Federation are starting to get going. There's a lot of smart money in the 3 companies, and Siren's Market Cap is currently 1/3rd of RUA's despite them being at least 2 years behind us in building a resource. Plenty of potential upside here especially if these permits are rubber stamped by the new mining friendly NZ Govt.

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@Woltond

https://www.paydirt.co.nz/permit-map/

Is there a map showing the relative mining leases of the three ... Federation, Siren, Rua?

Last edited by EWexplorer: 12/05/24

SNG Price at posting: 7.5¢ Sentiment: None Disclosure: Not Held
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