dicko80
14 Oct 2015
Re: Gold Exploration activities Sula Iron and Gold (SULA) has announced today the raising of an additional £0.5M at a price of 0.3p, representing a further 166.7m shares. With every two shares is a full warrant with a strike price of 0.6p and duration of three years. The net proceeds of the Placing will be used to carry out an extended drilling programme on the Company's Ferensola Gold Project with an increase of 1,500 metres to that originally intended. Several gold companies have expressed interest in the project with a view toward possible future support of the gold exploration there, according to SULA. Although the dilution is a near term disappointment for shareholders, given the potential of the gold mineralisation previously identified it is necessary to demonstrate an indication of true scope and scale of the deposit through additional drilling in order to realise value. We retain our BUY recommendation and 4p price target.
dicko80
11 Oct 2015
Gold set to rocket the reason for an investment in SULA is for the GOLD.the price of Gold has been manipulated for years and soon it will take off and surge north.China have been accumulating gold over the past 3 years and have yet to announce to the world to what extent. Once announced this will set a new Gold bull run with numbers of even $5000 per oz being touted.SULA have potentially 4 - 10million oz of gold within our licence area. Plus they have applied for the licence next door which looks prospective for more Gold.With drilling to commence next month to start proving up the gold resource, now is the time to build a stake before proven up and before the price of gold rockets..especially with a low mkt cap of £2m.The iron and Coltan are in for free.for those that aren't aware what's going on with the manipulation of gold ..have a watch of these..[link] video was from today..[link] this from 23mins 15 seconds.. (2 days ago)quotes of "$30,000 - $40,000 per oz of gold"[link]
dicko80
08 Oct 2015
Gold Exploration activities Sula Iron & Gold plc þ@SulaIronGold On 5th October #Gold exploration resumed at Ferensol, following heavy rains in August and September.[link]
J0HNNIEIS
27 Apr 2015
Ebola fears unfounded Well looks like people are realising that our company appears to have emerged unscathed and that these prices are a real giveaway. Glad I topped up some weeks back.pleasant change for me to get something right.
J0HNNIEIS
17 Feb 2015
Great news For west Africa and us. 60 day target set by Liberia ,Sierra leone andGuinea to eradicate new cases of Ebola. Good luck!
