Although Tolga is well known for his successful small cap resources picks, but he wasnt the only one that helped drove BGL's success. It's also Steve Parsons who is the MD of Bellevue Gold Ltd, a successful gold developer in West Australia, he made the initial investment into BGL and Tolga followed his trail.
Tolga said "There was an example the other day, Steve Parsons — who is the MD of one of the companies I have invested in, Draig Resources. He bought $75,000 worth of stock on market. You don’t do that unless you’re confident in your business, which is why I went out and bought almost a million dollars worth of stock after him. A lot of these investments that we make, it’s very obvious that it’s going to work."
African mining expertise features strongly on African Gold's board, with miningpersonality Tolga Kumova, as well as Steve Parsons and Evan Cranston,comprising the company's directorship. All 3 currently hold 10% of the company shares. One of his tip to a successful investment is "The key to successful investing in junior resources plays is to look for directors with “skin in the game" As we all know that all the current directors have a proven track record and valuable knowledge/experiences in the African gold mine operations. Very confident A1G's management team will deliver positive results and prosperity for holders.
All IMO and GLTAH
A1G Price at posting:
30.0¢ Sentiment: Buy Disclosure: Held
