#SULA Iron & Gold – further positive sample results from Ferensola project historic drill core

Sula - take up open offer

Sula Iron & Gold (SULA) had an active last week. Cracking news on the ground (the pump) followed by...you guessed it: the dump. A placing. But. hang on...

#Sula - placing and open offer to raise up to £1.47m at 0.21p

#SULA – visible gold recovered from Ferensola area where no previous samples have been recovered

Sula - renews exploration license: our tip 30% up in 2 weeks but more to come

Sula Iron & Gold  (SULA), has announced the renewal of the mineral Exploration Licence held by Sula's 100% owned Sierra Leone subsidiary, Blue Horizon Limited, covering all of the Company's historic, existing and planned exploration activities and sites, which are all in Sierra Leone. 

Sula at 0.24p worth 3.1p?

The note below from broker VSA was published a few weeks ago with the shares then at 0.15p. Today they are trading at 0.24p in the middle so the speculative buy stance can already be said to be somewhat vindicated. But the target price is 3.1p. No typo that really is 3.1p. The reasonably detailed note explains why.

#SULA Iron & Gold – renewal of Sierra Leone exploration licence for up to a further 5 years

#SULA Iron & Gold – subscription to raise $0.4m at 0.1p, new directors, warrants & options grant

Operationally its a DOG but #Sula gets medal for tackling Ebola. Whatever

Gavin Burnell Creation Sula (minus 97%), another keep the lights on placing - death merely postponed

I am sure that Gavin Burnell of Globo infamy has done okay from bringing this piece of shit to AIM but one suspects that other shareholders in the crappy mining no-hoper that is Sula Iron & Gold (SULA) have fared rather less well. And so today we see that via the kind offices of JubCap (broker to Chris Oil and other members of the elite) we have another keep the lights on placing.

#Sula, raises just 210k at 0.16p to keep lights on - piss poor

Sula Iron & Gold (#SULA) - Appears to backtrack on "Tier 1 gold player" claims

Sula Iron & Gold (#SULA) - Lots of words, little substance

UPDATED - Sula: stock flippers make hay, shareholders get slaughtered

This morning, Sula Iron & Gold (SULA) delivered one of the limpest imaginable excuses for a deeply discounted placement. Apparently the company has signed an NDA with a Tier 1 international gold producer, which is going to send one of its staff monkeys to observe drilling at Sula’s Ferensola gold project in November. This is why Sula has slaughtered its shareholders this morning, to raise £500,000 before expenses at 0.3p (an all time low for the share price, 40% below yesterday’s close). It is most definitely not to keep the PLC lights on and cover its c.£1.65million in annual admin costs.

Sula Iron & Gold (#SULA) - Dreadful placing at 0.3p

Sula Iron & Gold (#SULA) - proposed placing at 0.6p. Nasty

Zak Mir's Bulletin Board Heroes - Ascent Resources, Aurasian Minerals, Concha, Empyrean Energy, Sula Gold & Iron

Featuring Ascent Resources (AST), Aurasian Minerals (AUM), Concha (CHA), Empyrean Energy (EME), Sula Gold & Iron (SULA) 

‘Optimism’ at Sula after interim loss increases

Nick Warrell, chief executive officer of West Africa-focused Sula Iron & Gold (SULA), declares the company ‘looks forward to the remainder of 2015 with optimism’, after losses up 30% to £890,000 in the six months to March, amid encouraging exploration indications for coltan (tantalite), as it awaits gold trenching results from its Ferensola project in Sierra Leone. Sula, which floated on AIM three years ago at 6p and lost a reduced £1.4 million in the year to last September, has seen its shares wither to 1.5p, between a 12-month high of 2.9p and a 0.8p low, amid gloomy iron ore and gold markets, but Warrell, a former Welsh gold mine owner and an honorary Paramount Chief of the local Dinga tribe, insists ‘the company remains on track.’

Sula Iron & Gold (#SULA) - Nick Warrell wins European CEO of year

Sula Iron & Gold (#SULA) - Applies for new exploration licence