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Message: Shoreham Valuations

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Shoreham Valuations

posted on May 27, 09 09:32AM

Boy has alot happened in the past 2 days. Good thing Bending came to his senses, however clearly he has damaged investor confidence. Having said that, lets remember why this company has VALUE.

Marudi Mountain- Surface mining to begin in November with Rexma- Potential value to the sp (with current shares) of at least $1.

The company has completed some PPs recently which provide funds for continued drilling in Guyana.

Guyana shield- JV with Mulgravian- A sweet deal sure to bring SMH some $$ in the near future.

My guess is Bending has learned something here. If so, now is the time to buy this stock people if you haven't already.

Ven

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Like Shoreham Resources Ltd? Then you might also be interested in McLaren Resources

McLaren Resources

Blue Quartz Property surrounded by numerous past and presently productive gold mines
Black Fox mine (Brigus Gold), the Hislop mine ( St Andrews Goldfields)
Recent Drill Results include 63m of 1.21 g\t gold and 2m of 13.95 g/t gold

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