- new large investor brings cash to table
- new large investor already invested in Irish gold mine on same gold bearing geostructure that extends NE to Scotland shows their strong confidence in tapping the same vein from both ends
- recent drilling assays returned great results
- great results spur SGZ on to continue testing outside of the disputed national park area. These areas are returning results considered on par with the Cononish area inside the national park
- the disputed Cononish mine application has been re-submitted after lengthy talks with those that voted against it. At the same time SGZ is appealing to the Scottish parliament.
- SGZ originally listed on the ASX at 25c based on resource estimates on the Cononish mine. The recent drilling assays add value to this original market cap. The original decision to list was based on a gold price of only $970. Obviously recent gold prices add value as well.
- The locals there want the mine; the economy needs the money and the jobs the mine will provide.
Imo the sp will climb as we get more assay results but remember- if SGZ listed at 25c without these additional tests WHEN the planning permission for the Cononish mine is finally approved, well.... You connect the dots :-)
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