SAU Just Invested in - New Co IPO SoonSIMBERI MINING CORP owns 1 million Shares of Gaelic Gold Corporation, a Private company with Gold prospects in Nevada.They Just provided the Seed Financing for Startup in exchange for those shares. Official IPO now pending. They are looking to IPO at a $10 - $16 Million Markt Cap it appears from investor fact sheet below.If The IPO initiates at the High end of the Spectrum then SAU's interest in this particular investment alone will be $8 Million....or 32 Times it's original seed funding oblication. How is that for a step in the right direction as far as enhancing some shareholder value is concerned.Again anotrher key example of hoew undervalued SAU is at the current moment. The Market is Sleeping at the Wheel here.
Gaelic Gold Corporation.
https://www.gaelicgoldcorp.com/
https://www.gaelicgoldcorp.com/Gaelic_FactSheet_2007.01.10.pdf
COMPANY STRATEGY
RAISE $250,000 Seed Capital - Done * SAU Just Invested
IPO on Public Exchange
Complete APEX Fund led $1.5 M Financing
STOCK INFORMATION
Symbol…………………………………... (TBD)
Target IPO Price……………………. $0.55-$0.80
Est. Shares Issued & O/S..………… 20 Million
West Cortez: 274 Claims
Closer Than US Gold’s Tonkin Springs
Our Formula for Success:
• Well Financed & No Debt
• 4 Nevada Gold Exploration Properties on Major Gold Trends
• Seasoned Business Execution Team
• Aggressive Value Appreciation Strategy
Nevada’s Prolific Gold Trends:
CARLIN TREND Facts:
150M oz Gold Discovered
75M oz Gold Produced
CORTEZ TREND Facts:
50M oz Gold Discovered
30M oz Gold Produced
INDEPENDENCE TREND Facts:
10+M oz Gold Discovered
160K oz Gold Projected Production