DISCOVERY BOARD ~ PRECIOUS METALS ENERGY URANIUM OIL Message Board

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Gold/Mining/Energy : DISCOVERY BOARD ~ PRECIOUS METALS ENERGY URANIUM OIL

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From: PaperPerson	9/9/2011 3:28:36 PM
	of 4690

re SEM.V/STEUF.PK I am repeating myself here but i think it may be worth doing because of how claude resources is acting UP I feel like the st. eugene stock SEM.V/STEUF.PK is an interesting possible way to end up with some CRJ stock at a discount. Claude earlier this summer offered 0.06 of a share of CRJ for each of the 120 mm or so SEM shares. SEM management said they would consult with some experts and think about it. to me that means they are holding out for a little more than 0.06. maybe 0.07 or 0.08 of a share? SEM has a one third interest in the fairly large and growing open pit property in sask. known as Amisk. claude is two thirds owner at amisk and is operator and owns about 10 percent of SEM stock. claude wants to acquire 100 percent of amisk before drilling the hell out of it and finding out how lucrative it is gonna be!!!!!!! they already know there's good gold there near surface and i think there is already a 43-101 but it is out of date. i am doing this by memory so pls do some DD. i dont mind being corrected either, since i am making a bet on this. i want to know if there is a fly in my soup. SEM also got a separate offer of $4 million cash for its other separate holding, a gold prospect called tartan hill. claude already owns 10 percent or so of SEM. so my bet is CRJ buys the rest of SEM and then vends out tartan hill to help defray the cost. also, SEM has i think $4 mm or maybe a little more than that in cash. SEM CHARTS DAILY stockcharts.com WEEKLY CHART shows one year moving average at 15 cents. also shows this was a 30 cent stock not that long ago!!!! stockcharts.com

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