ANL 0.00% 0.1¢ amani gold limited

$6m mktcap $2.5m cash 1.3mozs gold pru backed, page-17

  1. 22,120 Posts.
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    "PRU moved out of the shared office, and unlike the old days,"

    Didn't know this but this would explain the huge 10 bagger rise from 5c to 50c back in 2010 I'm guessing?

    Perseus Mining has this to say on their web site about Burey

    http://www.perseusmining.com.au/burey_gold_.65.html

    "Burey Gold
    We have a 23 per cent (29 per cent fully diluted) stake as well as a strategic alliance with Burey Gold Limited, an ASX-listed exploration company with a focus in Guinea, West Africa.

    Guinea covers a significant part of one of the most prospective gold regions in West Africa and Burey has several prospective projects and the ‘in country’ experience required to enhance and grow the portfolio.

    Our investment in Burey gives us exposure to the prospectivity of Guinea without distracting from our exploration management. The agreement gives us the first right of refusal in relation to the sale or farm-out of Burey’s mineral interests in West Africa.

    Click here to transfer to Burey Gold's website"


    Do you think the tie up was dropped because of disappointing results or the gold sector collapse or maybe a combination of both?
 
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