Late market news on Friday 20th April via RNS statement has seen Tom Winnifrith appointed as Chief Operating Officer at Athol Gold and Value. The company listed on aim,has had perhaps an unfair ride in the markets of late where a number of smallcap investment based stocks have seen their shareprices and market caps marked down due to wider market sentiment.
But at Athol Gold the story is actually quite a good one,having last year posted a maiden profit in excess of £1m and increased both its asset coverage and cash position. The company have a number of interesting stakes in a wide range of largely but not exclusively Gold Miners and hold various Warrants and Loan notes in early stage resource companies.
Tom Winnifrith has been involved with Athol in various roles since its inception, but over the majority of that time was mainly in an advisory role. Tom is now going to take an active hands on approach at the company in his new role as Chief Operating Officer and the company look to be entering an exciting period .
For full official statement click link below
Disclaimer:
As per our Terms of Use, Stockopedia is a financial news & data site, discussion forum and content aggregator. Our site should be used for educational & informational purposes only. We do not provide investment advice, recommendations or views as to whether an investment or strategy is suited to the investment needs of a specific individual. You should make your own decisions and seek independent professional advice before doing so. The author may own shares in any companies discussed, all opinions are his/her own & are general/impersonal. Remember: Shares can go down as well as up. Past performance is not a guide to future performance & investors may not get back the amount invested.
Mineral & Financial Investments Limited, formerly Athol Gold and Value Limited, is an investment company in the natural resources sector. The Company focuses on acquiring interests in natural resources, minerals, metals, and/or oil and gas projects. It invests primarily in the shares of gold and precious metals companies quoted on stock exchanges in the Unite Kingdom, Canada, and Australia. The Company hold an investment in Ascot Mining Plc (Ascot), which focuses on gold production in Costa Rica, its flagship asset being the Chassoul Gold Mine, where gold production is targeted to reach 1,200 ounces per month during 2011. In January 2011, the Company acquired Worship Street Investments Limited’s investment portfolio. more »
1 Post on this Thread show/hide all
I’m not sure small investors would share your good story view, is it interested in gold or media?
This share has been hyped to death on the bulletin boards and many are now well locked in with no chance of selling a suspended share investment.