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BREAKING: Is this email genuine? Is Scotgold preparing for administration?

By Tom Winnifrith | Saturday 25 March 2023

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.

The email below, apparently from a senior staffer at Scotgold (SGZ) to lawyers at Fox Williams, presumably Richie Clark and Paul Taylor (Partners) or Paul Osborne (Senior Partner), appears to show that the company, which only raised £3 million just the other day, is in a right old financial mess and is preparing for administration. Either its real or its fake, but its “doing the rounds” so one way or another ScotGold, a perma dog IMHO, needs to issue an RNS first thing Monday AM. 
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