As I said before I think it's important to spread risk across jurisdictions so naturally I'm invested in Africa
The following small explorer saw 4 insiders buying a combined $166K in stock since November
Drilling restarts imminently on high priority targets
/1
The following small explorer saw 4 insiders buying a combined $166K in stock since November
Drilling restarts imminently on high priority targets
/1
Sylla Gold is exploring the Niaouleni project in Mali
$SYG.V @SyllaGold
Situated on the border with Guinea on the Birimian Greenstone Belt that also hosts big producing mines:
- Barrick's 11Moz Loulo & Gounkoto
- B2Gold's 8.2Moz Fekola
- Allied Gold's 7.9Moz Sadialo
/2
$SYG.V @SyllaGold
Situated on the border with Guinea on the Birimian Greenstone Belt that also hosts big producing mines:
- Barrick's 11Moz Loulo & Gounkoto
- B2Gold's 8.2Moz Fekola
- Allied Gold's 7.9Moz Sadialo
/2
What's more, their project is crossed by two fertile shears
One of them hosts the 3Moz gold Kobada project, a big neighbor that's just 3km from their border
The other hosts Cora Gold's 920Koz Sanankoro project
Both these shears are fertile as seen in Sylla's drill results
/3
One of them hosts the 3Moz gold Kobada project, a big neighbor that's just 3km from their border
The other hosts Cora Gold's 920Koz Sanankoro project
Both these shears are fertile as seen in Sylla's drill results
/3
Drilling shows high grade and shallow gold in oxides = cheap extraction
Notable earlier results:
18m of 6.09 g/t Au
3.3m of 36.44 g/t Au
25m of 5.17 g/t Au
Seeing big soil anomalies lighting up on their lands, to which they added this year
Diamond drilling starting soon
/4
Notable earlier results:
18m of 6.09 g/t Au
3.3m of 36.44 g/t Au
25m of 5.17 g/t Au
Seeing big soil anomalies lighting up on their lands, to which they added this year
Diamond drilling starting soon
/4
Mali is cheap to drill so their budget gets them lots of metrage
The 2022 drill program consisted of over 17,000m for 57 holes, 48 of which hit high grade gold
Management sure is a believer, adding to their already elevated 17% position
/5
The 2022 drill program consisted of over 17,000m for 57 holes, 48 of which hit high grade gold
Management sure is a believer, adding to their already elevated 17% position
/5
The company is funded to start the next round of drilling
I can't say a $3.6M market cap is pricing in lots of success let alone what they have to date 😉
Surprises will be to the upside: Very favorable risk/reward setup here, paying rock bottom prices
/6
I can't say a $3.6M market cap is pricing in lots of success let alone what they have to date 😉
Surprises will be to the upside: Very favorable risk/reward setup here, paying rock bottom prices
/6
If you enjoyed this thread,
RT the tweet below to share this thread with your audience
Cheers, GV
/end
RT the tweet below to share this thread with your audience
Cheers, GV
/end
Loading suggestions...