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.
Earlier this year I exclusively reported the licence granted by The Crown Estates to the Gold Mines Of Wales portfolio (GMOW) had expired. Not only had this licence expired but also a competing group who owned the land at the Gwyn was in the running for the Gwynfynydd mining rights. This was always going to be bad news for Stellar Resources (STG), as proven by yesterday’s RNS, which confirmed that GMOW has indeed lost the rights to Gwynfynydd.
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Comments
DUCK AND DIVE
Nice work, Doc.
Mark
I bought in on the fantastic cylindrical money machine brought over from South Africa, ready to start chomping at those tailings, the whole thing has been yet another (at the time) Lenigas CON.