Sunridge Gold - Explorer in Eritrea

"Developing Copper, Zinc and Gold Deposits
on the Asmara Project, Eritrea"

http://www.sunridgegold.com/i/pdf/Presentation-Feb2014.pdf  

2014-02-20 17:34 ET - Warrants Called to Trade
http://www.stockwatch.com/News/...2148047&symbol=SGC&region=C  

"Sunridge Gold Corp. (SGC:TSX.V) is an earlier-stage company in Eritrea. It just put out an updated feasibility study, and finished negotiations with the government mining company on a deal to sell its 30% of the Asmara project property. Working with the government is something you have to do in Eritrea, so getting that deal announced was important for the company. The feasibility study looks quite good. I think it's financeable, but Sunridge is also a very distinct takeover target. I know companies are sniffing around because the company would be a nice, long-term, low-cost, base metal producer, and there aren't as many of those around as you might think. They are in demand by larger companies."
The Mining Report: It does look like a lot of investors got interested in the last couple of weeks. Lawrence, is there still upside in Sunridge? Do you feel the same way about the company?

Lawrence Roulston:
"There is huge upside potential in this company. It's trading at about 10% of the NPV of the project, based on the feasibility numbers and even taking into account the partner interest. Typical retail investors are nervous about the country. But Nevsun demonstrates that Eritrea is actually a good place to be: Projects are good, things work and you can make a lot of money. While Nevsun could take on Sunridge as an acquisition, I think it would like to be diversified into another country. But it still proves Sunridge has upside potential."

Source: JT Long of The Mining Report  (2/18/14)
http://www.theaureport.com/pub/na/...-roulston-ask-company-presidents  

"Canadian think tank surveys mining companies on policy climate and investment"

By Editorial Team, capitaleritrea news, March 5, 2014 in "Mining & Quarrying"

http://www.capitaleritrea.com/...es-on-policy-climate-and-investment/  

By Editorial Team, capitaleritrea news, March 6, 2014 in Mining & Quarrying

http://www.capitaleritrea.com/...ded-recommendation-of-sunridge-gold/

http://www.sunridgegold.com/i/pdf/media/...HRA__Journal_Issue_210.pdf


 

Sunridge Gold's Michael Hopley on Eritrea's Potential and the Asmara Gold Project

March 1st, 2014:
Michael Hopley explains Sunridge Gold's Asmara Gold Project in Eritrea
on the East coast of Africa.

http://www.youtube.com/watch?v=mr82STqZez0&feature=youtu.be  

13.03.2014 10:34  | Minenportal.de

Der in Eritrea tätige Basis- und Edelmetallexplorer Sunridge Gold Corporation teilte gestern mit, dass den Direktoren, Angestellten und Beratern des Unternehmens Anreiz-Aktienoptionen gewährt wurden, die zum Erwerb von insgesamt 5,3 Mio. Aktien berechtigen.

Ausübbar sind diese über einen Zeitraum von fünf Jahren zu einem Preis von 0,26 $ je Aktie. Dabei handelt es sich um den letzten Schlusspreis der Aktie vor Gewährung der Optionen.

http://www.goldseiten.de/artikel/...orp.-gewaehrt-Aktienoptionen.html  

Monday, 17 March 2014 | 06:15

"Sunridge Gold – As noted last week, I’ve become a compensated consultant to SGC. I don’t anticipate this being a very long assignment.

With the most recent private placement becoming free trading late last month and a sharp pullback in the copper price of late, it’s quite understandable to see SGC trade where it has been. I suspect the next significant news shall be the shareholder agreement being concluded between them and ENAMCO. I really can’t say anything more given my position now, but feel all that has been said in recent month’s remains 100% constant. I can say strictly on my own that SGC is a prime takeover target and providing there’s no big reversal in metals prices or an unforeseen economic and/or political negative that directly impacts the company, I’d be very shocked and seriously disappointed that I still own my shares come 2015 and nothing had taken place on the M & A side."

http://moneytalks.net/peters-content/12204-grandich-observation.html
 

... for the Asmara Project, Eritrea

Thu Mar 27, 2014 7:00am EDT
http://www.reuters.com/article/2014/03/27/...w275280a+100+BSW20140327  

http://www.sunridgegold.com/i/pdf/Presentation-Apr2014.pdf  

...says CEO Hopley in HRA Advisories interview

Wed 1:25 pm by Deborah Bacal  

"With the large amount of copper, zinc and precious metals that we have defined to date on the Asmara project it’s a fairly obvious thing to say that Asian companies, but particularly Chinese companies, have shown a lot of interest."

http://www.proactiveinvestors.com/companies/news/...erview-53165.html

https://www.hraadvisory.com/sites/default/files/..._hra_free_list.pdf  

Ein Beitrag aus "stockhouse":


tony1969
April 09, 2014 - 08:10 PM  

"Top management get double their yearly salary in a buyout...

Exactly double.  In other words, if they sell this summer it would essentially be like if they worked and received their salaries through the summer of 2016. Plus compensation for their options.
2013 Salaries and Change of Control Payment

Michael Hopley - $250,000 salary with a change of contol payment of $500,000
Scott Ansell - $230,000 salary with a change of control payment of $460,000
Greg Davis - $160,000 salary with a change of control payment of $320,000
David Daoud - $220,000 salary with a change of control payment of $440,000

Bulk of their Stock Options

Hopley - 750,000 at $.22 and 600,000 at $.26 or 1,350,000 at an average of $.238
Ansell - 600,000 at $.22 and 500,000 at $.26 or 1,100,000 at an average of $.238
Davis - 600,000 at $.22 and 500,000 at $.26 or 1,100,000 at an average of $.238
Daoud -  600,000 at $.22 (I do not see any at $.26)

They have more options at $.47 and at $.55 but I believe (my personal opinion based solely on where we trade now) that if there is a deal the bulk of management's options gains will come from the $.22 and $.26 priced options.

I got this info from the Dec 2013 management information circular and from Canadian Insider."


http://www.stockhouse.com/companies/bullboard/...corp?postid=22432832  

Friday, June 27, 2014 - 9:31 AM EDT
 
"Sunridge Gold Signs Shareholder’s Agreement with ENAMCO For Asmara Copper-Zinc-Gold Project, Eritrea"

http://fscwire.com/newsrelease/...mco-asmara-copper-zinc-gold-project  

"Sunridge shares rise on inking shareholder accord with Eritrea State miner"

By: Henry Lazenby
27th June 2014
http://www.miningweekly.com/article/...eritrea-state-miner-2014-06-27  

Super Thread. Wer die Aktie am Tag des Threadstarts gekauft hat, hat bereits nach einem halben Jahr mehr als 50 Prozent Verlust gemacht. 1 1/2 Jahre später ist die Aktie immer noch deutlich im Minus. Danke für den Tipp, videomart!  

Erzähl doch hier nicht so einen Blödsinn!

Die Aktie notiert heute exakt auf dem gleichen Wert wie bei Threadbeginn und liegt in der Performance seitdem auf Augenhöhe mit dem Schwergewicht Barrick Gold!

Schau Dir im Vergleich dazu mal die Branchenriesen Newmont und Kinross an und dann meldest Du Dich hier nochmal...

Gruss
VM  

Sorry, ich muss mich berichtigen:

Sunridge liegt sowohl in der Jahresperformance wie auch in der 2-Jahresperformance
eindeutig vor Barrick, Newmont, Kinross und auch Goldcorp.  

Jun 25/14  Jun 24/14  Ansell, Scott  Direct Ownership  Common Shares  10
- Acquisition in the public market  13,500  $0.230

Jun 25/14  Jun 23/14  Ansell, Scott  Direct Ownership  Common Shares  10
- Acquisition in the public market  8,000  $0.230

Jun 24/14  Jun 19/14  Davis, Gregory Robert  Direct Ownership  Common Shares  10
- Acquisition in the public market  10,000  $0.205

http://canadianinsider.com/node/7?menu_tickersearch=sgc  

Jul 7/14  Jul 4/14  Davis, Gregory Robert  Direct Ownership  Common Shares  10 - Acquisition in the public market  20,000  $0.235

Jul 7/14  Jul 3/14  Davis, Gregory Robert  Direct Ownership  Common Shares  10 - Acquisition in the public market  7,500  $0.230

Jul 7/14  Jul 3/14  Davis, Gregory Robert  Direct Ownership  Common Shares  10 - Acquisition in the public market  2,500  $0.235

Jul 7/14  Jul 2/14  Davis, Gregory Robert  Direct Ownership  Common Shares  10 - Acquisition in the public market  6,000  $0.240

http://canadianinsider.com/node/7?menu_tickersearch=sgc  

Sep 3/14  Sep 2/14  Davis, Gregory Robert  Direct Ownership  Common Shares  10 - Acquisition in the public market  1,500  $0.180

Sep 3/14  Sep 2/14  Davis, Gregory Robert  Direct Ownership  Common Shares  10 - Acquisition in the public market  7,500  $0.180

Sep 3/14  Sep 2/14  Davis, Gregory Robert  Direct Ownership  Common Shares  10 - Acquisition in the public market  2,500  $0.185

Sep 3/14  Sep 2/14  Davis, Gregory Robert  Direct Ownership  Common Shares  10 - Acquisition in the public market  3,000  $0.180

Sep 3/14  Sep 2/14  Davis, Gregory Robert  Direct Ownership  Common Shares  10 - Acquisition in the public market  4,000  $0.180

Sep 3/14  Aug 28/14  Davis, Gregory Robert  Direct Ownership  Common Shares  10 - Acquisition in the public market  2,000  $0.190

Sep 3/14  Aug 28/14  Davis, Gregory Robert  Direct Ownership  Common Shares  10 - Acquisition in the public market  22,000  $0.190

Sep 3/14  Aug 28/14  Davis, Gregory Robert  Direct Ownership  Common Shares  10 - Acquisition in the public market  1,000  $0.190

Sep 3/14  Aug 15/14  Davis, Gregory Robert  Direct Ownership  Common Shares  10 - Acquisition in the public market  5,000  $0.200,


https://canadianinsider.com/node/7?menu_tickersearch=sgc  

The Gold Report Interview with Michael Curran (11/19/15)
"We would have had Sunridge Gold Corp. at the top of the list of companies with assets that could be coveted by larger players, but a Chinese company recently made an offer to buy Sunridge's main asset in Eritrea for just over US$65M. Sunridge has already indicated that it plans to distribute whatever remaining cash it gets after the sale and delist the company." read more >
[Gwen Preston]
                    §
Gwen Preston, Resource Maven (11/18/15)
"The Sunridge Gold Corp. arbitrage opportunity remains. The Chinese takeover deal is worth roughly CA$0.35/share cash, but the company's shares are available for CA$0.245. The discount represents market hesitation that the deal will actually happen, but I have reason to be pretty confident."
[Adrian Day]
                    §
Adrian Day, Global Analyst (11/14/15)
"Further to our discussion on the potential value of the cash distribution from Sunridge Gold Corp.'s sale of its gold-copper mines in Eritrea. . .CA$0.35/share is a realistic estimate for the distribution, though it could be more, allowing meaningful upside from the current stock price."
[Brien Lundin]
                    §
Brien Lundin, Gold Newsletter (Jefferson Financial) (11/13/15)
"Sunridge Gold Corp. announced that it's accepted an offer for its 60% interest in the Asmara Mining Share Co. in Eritrea. The offer, by a Chinese conglomerate, is for $78.33M (CA$102.4M), which would equate to about CA$0.33/fully diluted share. . .which would imply a 37.5% gain if you bought today and held through the deal's consummation. . .Sunridge is a Buy for what appears to be the likelihood of a nice-sized, quick profit."
[Gwen Preston]
                    §
Gwen Preston, Resource Maven (11/6/15)
"Sunridge Gold Corp. just got a takeout offer from a Chinese construction company. . .it has offered $78.3M to buy the company's 60% interest in the project. . .the deal is $65M as a purchase price plus $13.3M representing the amount Sunridge is still owed from the Eritrean government. . .if you want to pick up 30%, buy the company right now."
Gwen Preston, Resource Maven (11/6/15)
"Sunridge Gold Corp. just got a takeout offer from a Chinese construction company. The share price moved up immediately on the news, but there remains an opportunity to make some money. . .Sunridge owns the Asmara project in Eritrea. It is a set of very high-grade volcanogenic massive sulfide deposits scattered in a roughly 15km radius of the Eritrean capital city. . .over the last four years, Sunridge updated four resource estimates, negotiated the terms of a buy-in from the Eritrean government, raised $10.8M, completed a feasibility study outlining a low capital cost phased approach to mine development, raised another $6.5M and earned full project permits."
Management Q&A: View From the Top
Michael Hopley
Sunridge Is Now Good to Go at Its Asmara VMS Project in Eritrea (9/24/15)
It's been a very active decade filled with milestones for Sunridge Gold, and now following the September signing of a comprehensive permitting agreement with its partner, the government of Eritrea, the Canadian junior is now set to begin production in 2016. President and CEO Michael Hopley discusses the riches of his company's copper, gold, zinc and silver deposits and looks forward to becoming as successful as Nevsun has been.

http://www.stockhouse.com/companies/bullboard/...corp?postid=24329857

http://www.theaureport.com/pub/co/993

http://www.theaureport.com/pub/na/...ts-asmara-vms-project-in-eritrea  

Na Rellik, warum meldest Du Dich denn gar nicht mehr mit schlauen Sprüchen??

Hier mal ein Performance-Vergleich auf Jahressicht von Sunridge Gold mit den "Großen" der Branche: 
Goldcorp, Barrick, Kinross und Newmont:

 

"Sunridge Receives Shareholder and Warrantholder Approval to Sell Sunridge's 60% Interest in Asmara Mining Share Company and Distribute Proceeds"

Published: Jan 22, 2016 5:04 p.m. ET  

http://www.sunridgegold.com/i/pdf/2016-01-22_NR_SGC_cZZQ69.pdf  

February 23, 2016

Vancouver, British Columbia

KEY CHINESE REGULATOR APPROVES SRBM PURCHASE OF SUNRIDGE’S 60%
INTEREST IN ASMARA MINING SHARE COMPANY

http://www.sunridgegold.com/i/pdf/2016-02-23_NR_dfl.pdf  

ist das eine Kapitalerhöhung, die da gerade den Kurs nach unten drückt ?!

" Kinross Announces US$250 Million Bought Deal Financing "

Quelle: http://www.marketwired.com/press-release/...nancing-tsx-k-2100032.htm