Appointment of a new Chief Executive Officer and Managing Director.
A new broom sweeps clean you would think, especially when the price of gold rises. But the opposite happened. The sp falls to 0.011.
The same development as SUMATRA COPPER & GOLD PLC and the Top 4 of the actual Top 20 owners are in both cases:
PROVIDENT MINERALS PTE LT, HSBC CUSTODY NOM AUST LTD, PT SARATOGA INVESTAMA and GOLDSTAR MINING ASIA RES. These hold approximately 70% of the shares in both companies.
The question arises, whether this is all coincidence or for tactical reasons so wanted. In the forum of SUMATRA COPPER & GOLD there are also questions about whether there are any manipulations behind all this.
In any case a sp of 0,011 is very strange for an explorer with 2M oz of gold or a producing gold mine!!!!
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