SGZ 0.00% 0.8¢ scotgold resources limited

Ann: Letter to Shareholders , page-3

  1. 661 Posts.
    I was quite pleased with the letter they sent to shareholders. It confirmed everything I have been seeing on the local news and websites (in Scotland) regarding the progress of things. Thing are looking really really good for Sgz. it will just take time for all the pieces to come together. They wisely ann today their intention to raise a bit of cash but not too much. Just enough to get them through the year and to a resolution on these matters. Once the go-ahead for Cononish is received and/ or when more good drilling results come from their other holes there may be a CR which is fine. Compared to most small explorers SGZ doesn't have a lot of shares on the register.

    It might feel like watching paint dry but shareholders will be rewarded. Mark my words.
 
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