This article was originally published on November 22nd at theaureport.com. Resource speculators like exploration companies run by teams that have had success in the past who are exploring in highly prospective areas. The problem is that this preference leads to exploration stocks with this perceived quality being bid up to lofty valuations that appear to be pricing in meaningful resource expansion. The 2016 run-up in gold stocks has seen a lot of this. This shouldn’t necessarily be a deterrent for investors, but by the same token it begs the question: Are there any cheap exploration companies out there run by world-class exploration teams? We believe that Sarama Resources Ltd. (SWA:TSX.V) is such a company. Sarama Resources is a stock that we recommended to subscribers back in April, and while shares have risen the value proposition remains compelling. Meanwhile, Sarama’s management team is top notch, boasting several individuals—including CEO/major shareholder Andrew
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