phone call regarding mt adrah ipo?, page-23

DEC 13
-Bergen Asset Management, LLC's Managing Director, Mr. Eugene Tablis commented: "Sovereign Gold's announcements have referred to the company working on a rare gold system, both in size and in style of mineralization. We have followed Sovereign Gold's progress for a while, and are pleased to be able to support the company's development during this crucial phase."-
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From my conversation with the CEO I understood ..Mt adrah would be farmed down as funds were needed to explore the permit and take the project forward ,DFS etc ...with the likely outcome of SOC diluting their position of MTL


No doubt Bergen sold a few once they knew of SOC mgmt move to IPO their prime Gold asset and focus SOC on the halls peak SEDEX project etc

It will be interesting to see if Bergen take a position in the IPO