Tracking

Friday 27 May 2011

Viridas PLC (VIR)

Positive RNS from Viridas this morning stating that Bruce Rowan has 22% of the company after buying 100M of the 420M shares recently issued. I think that is a positive move and lets hope that it is followed in due course with an announcment of some activity in Oil and Gas or Mining.

TSTR also issued an RNS yesterday afternoon saying that they had assay samples at 1.2km from the Goynuk mine containing gold and antimony. It was a bland RNS and didn't have a positive affect on the shares what we are looking for is drill results to prove commercial resources. However, with gold and antimony that far from the mine it has got to be good news.

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