Far East Capital Newsletter
Good news flow from the junior gold sector
15 Feb 2020

In This Issue

Good news flow from the junior gold sector

Good news continues to flow from the gold juniors and the market is showing a willingness to embrace such news when it comes along. There is more life in the market compared to the December quarter. Have a look at ASX releases covering drill results from companies like Alkane Resources, De Grey Mining, Oklo Resources and Sky Metals. The $208m takeover bid for Spectrum Metals by Ramelius Resources shows that there are corporate buyers willing to swoop on exploration companies that have been successful. Here, a gold resource of 799,000 oz at 13.8 gpt is an attractive pot of gold at the Penny West project. 

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