Short Term Trading Week Starting: 26 November 2018, page-76

SI6

Getting some volume and love

$2.7M cap, $1.4M in cash and already has Botswana based assets

Management are on the hunt for new assets. IMO, after reading some of Eddie King's recent comments on another stock he controls, I really think they are going to chase elephant gold in Africa

“When you’re investing in a microcap company you’re usually drawn in by the people or quality of the projects but sometimes valuation is forgotten. You’ve got to look at the valuation also because you have to be comfortable with what you pay as an entry price,” Mr King explained."

“The best place to find new gold mines is near or under existing ones.

“We’re looking for elephants in elephant country and if you want to go looking for a new gold mine, go to where there’s lots of gold mines.”