Sirengold #SNG currently crawling under the Radar Listed on Asx last year with an oversubscribed IPO at 25c to raise 10million underwritten by morgans
Low shares on issue just 80million with 20million in Escrow
Low market cap under 30million
Sirengold has a 850 square km tenement package in the reefton goldfields
Currently drilling alexander river and big river No further drilling of big river until Q2
Upcoming annoucements Ultra fine soil sampling results from Csiro
Further drilling results from alexander river
Further mining extension and approvals for other prospects
Jorc resource estimate
(most likely by end of Q4)
Director
Brian rodan owns over 19% of the company with on market purchases above 38c his highest purchase being $367,000 at 73c ...... making him the top shareholder His wife brownwyn is also a top shareholder with 1million shares
Who is brian rodan? Brian rodan is the co founder of dacian gold and founder of acm (later sold off to Westgold ) and is also the man that transformed Sandfire resources he has expertise of over 45+ years managing and building underground mines There is much more to sirengold .....
I have only given a brief summary please DYOR and consult a licenced financial adviser before making an investment decision
(20min delay)