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Baillie Gifford US Growth Trust plc BLGFF

Baillie Gifford US Growth Trust plc is a United Kingdom-based investment company. The Company’s investment objective is to produce long-term capital growth. The Company seeks to invest predominantly in listed and unlisted United States companies. The Company invests in holdings in listed securities and private companies up to a combined maximum of about 90 companies or funds, typically with 30 or more listed security holdings. The maximum amount which may be invested in companies not listed on a public market shall not exceed 50% of total assets (measured at the time of purchase). The maximum direct investment in any one company or fund is limited to 10%. The Company invests in various sectors, including information technology, consumer discretionary, communication services, industrials, healthcare, financials, real estate, materials, consumer staples, and net liquid assets. The Company’s alternative investment fund manager is Baillie Gifford & Co Limited.


OTCPK:BLGFF - Post by User

Post by Camelionon Oct 28, 2010 2:47pm
631 Views
Post# 17625625

Queenston Halted

Queenston HaltedOur neighbor Queenston is halted, if it's a buyout I expect BLG to run as well. Queenston was named as a takeover candidate in the following. Quote

"Other asset-rich gold development juniors that were identified by BofAML as prospective takeover candidates are as follows in descending order in terms of their attractiveness to would-be suitors, in BofAML’s opinion: Osisko Mining Chesapeake Gold, Detour Gold, Rubicon Minerals, International Tower Hill Mines, SanGold, Queenston Mining, Fronteer Gold and Andina Minerals. Of all the other gold juniors in politically stable, pro-mining Latin America nations, only two of them currently have discoveries at or above a 10-Moz threshold. One is Andina Minerals, which owns the Volcan deposit that is also in Chile’s Maricunga gold corridor. It weighs-in at about 10 Moz. Then there’s Greystar Resources, with at least 11.55 Moz of gold at its Angostura project in northern Columbia."

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