Interesting article on *.co.uk for Friday -Todays market View - includes Company News for DGR and includes much of what was in DGR recent business update - those interested could read the full article.
But I found the most important piece was on ( Page 4) - Conclusion - DGRs 13.5% stake in SOLGOLD provides exposure to the RAPIDLY developing Cascabel Project where SOLGOLD has drilled over 44,500 m to date to test only 4 of 15 identified targets as well as to SOLGOLD expanding portfolio of other exploration licences in Ecuador.
With a holding of 13.5% in SOLGOLD, DGRs 45 7 Million Pounds market capital represents a lower cost exposure to SOLGOLD than the 113 Million Pound market value of the 11.2% owner , Canadian listed Cornerstone Capital which also holds a 15% direct interest in the project. Even so and excluding the other other assets of both Cornerstone and DGR we estimate that a 1% exposure to the project via Cornerstone would cost around 4.6 Million Pounds while a 1% exposure acquired via DGR would cost approximately 4.2 Million Pounds.
Gives food for thought as to why our share price has not advanced compared to CGPs and that there should be much more action on the buy -sell on the ASX for those wanting to get exposure to SOLGOLD worlwide not just Australian Investors that to me seem not to know the first thing about SOLGOLD and its world class discovery or about DGR and its stable of very high class projects including 13.5 % of the tier 1 Cascabel Project (SOLG).
I noticed in the Business Update that DGR say they are only able to report a little of the releases coming from SOLG and IRR etc because of ASX regulations I wonder would that apply to the Proactive article that has not been released by SOLG and if so why did they not show it as an announcement on our website. I think a lot more Public notification could be undertaken by our PR person and all this information would surely help our very depressed share price.
Very few investors do in depth research into stocks to buy they depend on analysts broadsheets to a large degree so why should our Company not use every method available to them to progress our very UNDERATED Company.
If you don't inform the investors then they will never know !!!
moureeses8
GLTA
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Ann: Business Update, page-6
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3 | 250000 | 0.125 |
3 | 1020491 | 0.120 |
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