Brownstone International has just paid 8.5 cents for 17M shares. Is that a sign of exploration optimism or does Brownstone want to buy this company? Their holding stands at 18%. Forget the molybdenum project and the price of moly this is either an extremely generous gesture or a very well informed punt on finding further riches. At 4c its a good short term bet on exploration results and a longer term hold until the price of Moly rises, if ever.
ZGM Price at posting:
4.1¢ Sentiment: Hold Disclosure: Held