SVM 0.00% 77.5¢ sovereign metals limited

Good on you @butz. People should really do their homework though...

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  1. 1,309 Posts.
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    Good on you @butz. People should really do their homework though as this is old news to us loyal followers.

    Carpentaria a reference given to the area in north Queensland where Mt Isa mines operated heavy base metals mines for a very long time and Xstrata had a few copper/gold mines and Glencore swallowed them both up in the minerals boom time.
    Unsure on specifics however the SVM tenement must have been in a prospective copper/gold area near Glencore leases.
    They must have done a deal with Glencore on a dilution basis for Glencore financing exploration. I have never seen such an arrangement work for genuine information sharing reasons - there are so many negatives in such arrangements.

    Put a line through it. Miles and miles of saprolite hosted graphite is the game and possible titanium in Malawi. Given SVM early entry into Malawi and Stephens 12 years there and other colleagues long term other possibilities could be forthcoming in Malawi.
 
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