RGL 16.7% 0.7¢ riversgold limited

Ann: Becoming a substantial holder Tolga Kumova, page-69

  1. 2,290 Posts.
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    Very happy with my stake here. Tolga's confidence is inspiring, he has excellent intuition for picking gems. Like I told people on here earlier who were berating Tolga, he is in it for the long term and will seek to deliver value. He doesn't dump on retail, never has been never will be his angle.

    The posters here who were whining about EUC have now picked up an excellent project in Canada and the SP is in the process of re-rating.

    As for Kurnalpi, I think Tolga sums up the amazing prospects of this tenement - literally at the heart of Gold country.

    It is important to note that the drilling campaign previously undertaken here by RGL was largely ad-hoc and incomplete due to access issues (not all holes were drilled per announcement) at the time. With Tolga's investment, we will now see a substantial target identification and drilling programme that was sorely lacking before.

    Also - Raglan's drilling/geology 20% stake in Kurnalpi tenements via Serendipity Resources. These people know the area very very well and have worked with top tier miners (AngloGold, St Barbara Limited, etc). They even host a video series on identifying Gold deposits in the region.
    Last edited by VatreniHR: 09/06/20
 
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