This came up on one of my alerts from Canada. Both are from the stockhouse.com forum. It stems from a $150M raise by Redback......
RBC is out with a note speculating that RBI's financing is for acquiring an increased stake in the Sabodala project in Senegal of which they already own 15%.
And this as well
MGL recently announced that they are sitting on 22 million oz's of gold and with their experience in Africa it's a natural fit