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Algold Resources Ltd. ALGDF

Algold Resources Ltd is a junior mineral exploration company. The company is focused on the exploration and development of gold deposits in West Africa. Its properties are located in Mauritania, including Kneivissat, Legouessi, and Tijirit and Akjoujt.


GREY:ALGDF - Post by User

Post by CADBaconon Jan 08, 2019 6:52am
164 Views
Post# 29198864

(cont.) Paradigm target price $7.00

(cont.) Paradigm target price $7.00A few months earlier Paradigm Capital issued a BUY recommendation with a 12 month target price of $7.00.

In that report the analyst based his analysis on that Salma project could be turning out to be a major discovery, "Eleonore vein 2.0", judging by the very promising rock chip panel samples along a kilometers long corridor.

And so far it looks like the analyst was right. Salma drill results have been extremely promising, hitting gold mineralization in almost evey hole drilled.

GLTA

https://algold.com/wp-content/uploads/2017/10/ALG-2017-10-04.pdf
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