going cheap: gold worth $170 million up4 grabs, page-3

You see, there is $40 million worth of gold in Rand, 12 million Tribune shares and a capacity to earn up to $10 million a year from the gold mine near Kalgoorlie.
The vast bulk of it - 86 per cent - could go to the enigmatic Resource Capital, owner of the Liberia exploration play, and be domiciled in the Seychelles Islands - a terrific holiday destination.
The company that owns the lease in Liberia, Iron Resources, is domiciled in Ghana where Tribune incidentally owns a lease directly to the south of the Perseus Mining gold mine. Meanwhile, Rand is spending millions on the exploration in Liberia although it as yet only holds an option to buy the director-related company.
On the face of it, the directors appear to own just 63,561 Tribune shares directly: Otakar Demis has 50,000, Anthony Billis 13,561 and Gordon Sklenka nil.
Working down the share registers, however, we see several big shareholders such as Resource Capital, Transglobal and Yarri Mining for which there is no shareholder information.
Who are they?


Once they have control of 80 % of rand and Tribune they will sell all the gold and distribute tax free dividends to their offshore tax haven accounts !!!!

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