Sama Resources (SAMMF)
Featured in: January 2018
Average Cost per Share: C$0.11
Current Market Price (August 16, 2019): C$0.21
The partnership first initiated a position in Sama Resources through a private placement in late 2016. Subsequent purchases have raised our average cost per share to C$0.11. Sama owns a sprawling land package in the Ivory Coast highly prospective for conduit-hosted nickel deposits. In April 2018, Robert Friedland’s private vehicle, HPX, committed to funding C$30 million in exploration expenditures for 60% of the Ivory Coast project. HPX has spent over C$7 million in the