share price, page-3

Fact: currently the SP of RAU is trading as a shell nobody was expecting a sale ,now that Lion gold Corp has stated an interest in aquiring the Amayapampa asset risk has been reduced somewhat ,

this will lead to further speculation and price appreciation as the due diligence date approachs, if RAU suprises with more positive annoucements the SP will also increase.


AS for the where the SP will be nobody can say as it would only be a wild guess in all cases , however if you research Lion Golds current balance sheet and 30 million dollar convertible note and aquistions of other ASX listed companys you may have a starting point .

lion gold CEO comments ..

An Attractive Investment Proposition

LionGold believes that the Amayapampa Gold Project provides significant opportunity to generate value near-term, supported by a reported bankable feasibility study completed in 2010.

Mr Errol Smart, Group Chief Operating Officer of LionGold Corp Ltd, said “The Amayapampa Gold Project is an attractive proposition. The prospect of developing a new mine in this proven area is an important step in LionGold’s expansion plans.

Our operating experience in developing market environments will help us progress this project successfully. Amayapampa will also establish our presence in South America’s gold-producing regions.