Angold Resources – A new gold explorer with flagship projects in Chile and Nevada
Cory
January 5, 2021
Angold Resources (TSX.V:AAU) is a brand new gold exploration Company (just stated trading on Thursday December 31st) that has 2 drill programs starting shortly. With a total of 4 projects the focus is in Chile and Nevada.
Adrian Rothwell, President and CEO of Angold joins me for a broad overview of the projects and the Company’s drill plans for this year. We also discuss share structure, cash in the bank and management team overview. Please let me know your thoughts on Angold and send over any follow up questions. My email address is fleck@kereport.com.
Click here to visit the Angold website for more information on the Company and projects.
Discussion
1 Comment
Jan 09, 2021 09:20 AM
There are more than 25M shares are not in escrow, mostly from the Federal Gold financings, while the remainder are from the RTO shell. Millions more will be freed each quarter from the various escrow agreements. I can’t justify the MC here given the cheap paper being floated on the market. I’ll check back in 6 months.