Ann: Liongold Increases Holding to 18% , page-2

So Lion gold now have an 18% stake, cto have $8mill to keep them going for a few more months,not enough to ramp up gold production so the sp will hover around these low levels till LG decide on a full takeover IMHO.The only announcements that seem to come from this company are cap raisings nothing in regard to production or operations.The Chinese are very smart operators and will end up with this company for a song. Just as they did with CGT through a share offer deal.The company certainly have created shareholder value, you only have to look at the share price chart over the past 5 years!!

DYOR My thoughts and ramblings only