Australian Solomons Gold (SGA.TO)

Re-start of a mine in the Solomon Islands. It’ll be another year. Went through some management changes last year, which affected the stock price. Good exploration results as they are drilling in a high-grade area. Have been pulling some really nice holes out of it. You’ll have to be patient over the next year.

Project that was previously operated in the 1990's, was closed due to political problems. Is now putting it back into production. Current financing is to repair production. It will gain after production starts. Still owns.

Flying way below the radar screen. Project in the Guadalcanal in the Solomon Islands. Has about 39 million tonnes grading around 1.9 grams per tonne. Modest cap ex allows you to cash flow about $25US million a year and. Market cap of this company is only about $77 million and they have about a 15 year mine life.