Red Rock Resources issued an RNS today regarding the sale of its Columbian gold mine. This could be worth in excess of $2M to the company based on the original loan agreement but we will have to wait and see. It will be interesting to see how it affects the sp!
The RNS yesterday from VOG did little for the sp! It went up a bit but then settled back to where it closed! One of these days it will go up and stay up! The problem is that many staff were paid in shares and it may be that some are turning their shares into liquidity so until they have finished selling the sp will continue to languish!
The RNS yesterday from VOG did little for the sp! It went up a bit but then settled back to where it closed! One of these days it will go up and stay up! The problem is that many staff were paid in shares and it may be that some are turning their shares into liquidity so until they have finished selling the sp will continue to languish!
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