Reference Link for Solgold Announcement re: Newcrest ["Solgold raises $41.23m via share placing." www.iii.co.uk/research/LSE:SOLG/news
Highlights given as above.
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<><>"How to Spot Buyout Clues in today*s Resource Market."-Gold Report,Mining.com<><>
Link: www.mining.com/web/how-to-spot-buyout-clues-in-todays-resource-market/
Quote:
Brent Cook [Famous Economic Geologist & Speaker]: "The JV Signal-one sign that a major is COVETING a property is the producer*s investment in the development project. Cook points to Agnico Eagles $15m investment in Belo Sun Mining Corp [TSX:BSX] at a 9% P r e m i u m in May as S i g n i f i c a n t."
Note:
I posted the above on Hotcopper DGR on 27 Aug 2016, Post No:18727791.
So, it does illustrate that Newcrest is "coveting" Cascabel, Solgold - as per the words of Brent Cook, renowned Economic Geologist. Whether Newcrest is going to take Solgold*s project over, that is something I do NOT know. I am only saying its positive when one is a shareholder of Solg in that a major is sitting on board.
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Reference Link for Solgold Announcement re: Newcrest ["Solgold...
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