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Bullboard - Stock Discussion Forum Algold Resources Ltd. ALGDF

Metals & Mining Industrial Metals & Minerals
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 Discussion

Algold Resources Ltd. > share price collapse
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Post by baystock1 on Apr 26, 2019 4:29pm

share price collapse

In may 2018 Algold's share price looked like it was bottoming around $1.20 level when it started a new down trend which seemingly coincided with some bad new for Kinross's Tasist mine which came out on May 11, 2018:
https://www.mining-technology.com/news/mauritania-rejects-kinross-application-tasiast-project-expansion/

Is this a mere coincidence or did the market start to have doubts on Mauritania as a mining jurisdiction ?
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Algold Resources Ltd.