The latest Investing Matters Podcast episode featuring financial educator and author Jared Dillian has been released. Listen here.
Lionsgold also has new Twitter page.
New Web site up now & Looking very professional . http://www.lionsgold.com/
22-12-2017. GSI finds huge gold deposits near Shivamogga district. According to the GSI sources, this is the largest gold deposit in Karnataka - next to Kolar Gold Fields and Hutti (Raichur district). Lionsgold (KGLD) Through Geomysore,IMO have projects in these areas.DYOR. http://www.deccanherald.com/content/587766/gsi-finds-huge-gold-deposits. Geomysore Services (India) Pvt Ltd http://geomysore.australianindianresources.com/
Lionsgold The Companys new name,as of this Monday. offers three investment opportunities for the price of one. http://www.proactiveinvestors.co.uk/companies/news/173127/lionsgold-offers-three-investment-opportunities-for-the-price-of-one-173127.html
RESULT OF GENERAL MEETING AND CHANGE OF NAME Kolar Gold, the AIM-quoted India-Finland gold explorer and trading exchange provider, announces that at the extraordinary general meeting of the Company held today at 4.00 p.m., the resolutions proposed were duly passed, including a resolution to approve a change of the name of the Company to Lionsgold Limited. The change of name will take effect on receipt of the change of name certificate from the Guernsey Registry, which is expected to be received on next Monday 24 February 2017. Dealings under the new name and the new TIDM of "LION" are expected to commence at 8.00 a.m. on 27 February 2017. The Company's website address will be www.lionsgold.com with effect from 27 February 2017.
Kolar Gold is an AIM-quoted India-Finland gold exploration company, that is also establishing an online exchange for the direct ownership and trading of physical gold by retail investors in India. Kolar Gold's three divisions are: Strong partnership with leading India gold exploration and mine development company, Geomysore, in which the Company owns a 20.5% stake; · Provide a physical gold holding and trading fintech platform for the Indian market; and · Jurisdictional diversification through gold exploration and production in Finland.
Hope the Acacia/ Endeavour merger becomes reality.They are apparently in early discussions. what an African gold power house Acacia-Endeavour would become.
What I also like,is that the company will be apparently aggressive with investments,deals in 2017 & beyond,will not be standing still on that front to grow the company, the company will also be cash generative soon & that they are looking at other ways to raise money for investments,deals,rather than dilute shares too much. My star sign is Leo,so of course I like the new name the company is about to re brand with.Lions Gold.
KGLD in discussions on ways KGLD can hold a larger stake in Geomysore. Indian Fintech gold JV will be operational very soon,Finland gold JV is going to do 10,000 tone test mining this year, producing 100 kilos of gold,bringing in around $4 million in cash this year. https://www.youtube.com/watch?v=4pAeUF9ZMic
AIM_Chaos. Good research, thanks. I, also notice Geomysore's assets are by far, the most superior gold land holdings in Indian & production in India soon, at its Jonnagiri asset .I also like its Gold Fintech asset,which will be cash generating very soon for KGLD & Gold assets now de risked with its Finland Gold asset. Plus it does not look like KGLD will not stop company building over coming 12 months & years.Management don't want to dilute the share account,so are looking at other financing methods for growing the next phase of building company,assets,investments etc.
Parry reckons there is the potential to create a business worth US$60ml (£50mln) over the next few years. http://www.proactiveinvestors.co.uk/companies/news/173127/rehabilitated-kolar-gold-offers-three-investment-opportunities-for-the-price-of-one-173127.html
Geomysore Services (India) Pvt Ltd http://geomysore.australianindianresources.com/
Just a thought on raising cash for Gold mines ect. Rather than dilution of shares,Why not go to a streaming/royalty company,such as Canadian Sandstorm Gold or AuRico Metals and ask them for funds, in return for between 1 to 2% stream/NSR etc of gold production over life of mine.
great buy CW10, I am also going to add over time & build my investment in KGLD.IMO only of course,Price is going to move north over the next 2 months & throughout 2017.New management,New diversified assets,gold assets in Finland,that may be about to start producing very soon & gold assets in India plus the New Indian Gold Fintech investment.Change of company name about to take place from Kolar to Lionsgold. This company is diversifying,adding asset growing fast.Basically a new company is rising.
IMO 2nd trade today also a buy
today's small trade at 11,09 was a buy & Not a sell. It was a nice amount of shares for a brilliant price.
Rainbow CEO, Martin Eales, said: “Our Gakara Project continues to differentiate itself from its peers; modest capital expenditure of just US$2.23 million and low cost, simple processing route to produce rare earth element (REE) concentrate directly into the market this year presents investors with a very compelling proposition. The measurement which really sets Gakara apart however is its grade. Our project boasts an in-situ grade in the range of 47-67% TREO, making it one of the highest grade REE projects globally. And as far as someone said,I don't listen to anyone on these boards.I do my own research, also, if I make a bad investment.I take full responsibility for my own investing.
Of course I am happy to be invested in a small way in Silf. I did a small punt in a high risk,high reward penny share. I also take full responsibility for all my investing,past,present & future,good & bad.
Apparently. Silver Falcon still has over £1 million in cash and the Company has also apparently commenced discussions with two other possible acquisition targets. Further announcements will follow in due course.