Sidon International Resources

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Message: BMR from the other day. Interesting

Sidon’s weakness since early August in the face of a very powerful CDNX move has been frustrating for shareholders, some of whom abandoned ship and moved on to other plays…the stock probably got a little ahead of itself last summer when it more than tripled in value in a month’s time…the bottom line, however, is that Sidon continues to have all the blue sky potential we wrote about when we first uncovered this fledgling company last March at a nickel…the fact so many artesinal miners (1500 at one point) would descend upon part of Sidon’s Morogoro East Property in Tanzania clearly illustrates the Gold potential that exists there…Sidon’s team is busy on the ground at Morogoro, preparing for an upcoming drill program, and we have every reason to believe the company is also actively searching for additional land in the general areaSidon, which improved its balance sheet last month by raising $1.7 million, closed unchanged for the week at 10 cents…

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