Scotgold Resources

377 days ago

Scotgold: bailout placing but will it be the last?

Scotgold Resources (SGZ) the miner of jam tomorrow, oops I meant pitiful amounts of gold, has said that its move to long hole stoping may well produce more jam tomorrow but, pro tem, it is passing the hat around yet again at just 15p. For those falling for the spoofing c/o BBC Scotland and buying the shares at 44.5p just two months ago, this will be a painful lesson in getting bummed by fake news from Pravda

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1633 days ago

BREAKING: Has Scotgold Resources misled investors on an industrial scale?

I have never been a fan of this dog from the AIM Casino kennels as my scathing coverage on this website demonstrates. But now a shareholder appears to show that Scotgold Resources (SGZ) has committed market abuse. I’d go further, I believe that it has deceived investors on an industrial scale as to its cash needs, ahead of an equity refinancing. After publication of the company’s annual report the shareholder has written to regulators flagging up the issue. I will now be contacting regulators and also the company’s shameless and disgraced Nomad SP Angel of MySquar and BlueJay Mining infamy, to pursue this matter. The shareholder, Mr C, writes:

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