UK 20:32 Saturday, 24 October 2026
Breaking news and expert analysis on fast-moving AIM and LSE listed shares
Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
Scotgold Resources (SGZ), the bombed-out AIM concern with ambitions to mine ‘Scottish’ gold and silver at Cononish in the West Grampian region, is overhauling its strategy. Nat Le Roux, former boss of the £2.4 billion spread-betting specialist IG Group, and two associates have put £1.1 million into its coffers. That should enable the company to proceed, at last, to develop the project, which it reckons holds at least 160,000 oz. After a series of daunting setbacks, Scotgold will present Le Roux and other investors with a fresh evaluation of the project in the second or third quarter of this year.
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Comments
wildrides
still sounds like a turkey on its way to Easter to me