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Gold/Mining/Energy : KITCO - Gold discussion -- Ignore unavailable to you. Want to Upgrade?

To: mugwump9 who wrote (770)	6/9/2016 7:26:21 AM
From: Roan01	Respond to of 989

Mugs: I think there is a down pressure on all Burkina stocks because of perceived political risk. As I said earlier, there is no better place to build a mine quickly in the world than Burkina. As for the specific question, Savary is a very small company and a bit of buying can send the stock up whereas as we saw yesterday Sarama was in the middle of a financing so I believe that held the stock down. Both Savary and Sarama are in the same area and will require a consolidation of the area to make one mill to treat the ore from all the deposits in the area. Now to include Orezone Bondi deposit that Sarama just acquired. I do not think either Savary or Sarama will build the mine but someone will put the pieces together. There are lots of mid size candidates I could think of also in the West African arena looking for expansion. As always DYODD and JMVHO.