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Barry FitzGerald: These two West African gold explorers are potential takeover targets


Barry FitzGerald: These two West African gold explorers are potential takeover targets
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Maybe it’s the lockdowns, or the weather. Either way, Garimpeiro has grown a bit bored with the local gold exploration scene.
Despite the record exploration spend on finding new ounces, there has not been much in the way of exciting newsflow from the sector recently.
Stocks like De Grey (ASX:DEG) and Bellevue (ASX:BGL) keep on piling on the ounces but it’s hard to get excited when it is remembered they sport $1.5 billion and $840 million market caps respectively.
That makes it hard to move the dial, particularly with the sideways trading gold price of late. ....

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Proactive Investors China - The web's leading portal for China stocks - Predictive Discovery shares surge 55% on returning bonanza gold grades up to 17 metres at 31.9 g/t at Bankan Project


2021-07-19
by Proactive Australia
Predictive Discovery Ltd (ASX:PDI) shares have reached a new eight-year high, up more than 55% to as much as A$0.1475 intra-day on the back of bonanza grades at the Bankan Gold Project in Guinea that revealed a new high-grade zone.
The high-grade intersections have extended the gold core zone down dip for more than 250 metres, which is also open at depth.
Notable results over broad widths and consistency increasing at depth include:
49.7 metres at 11.7 g/t gold from 301 metres, including 17 metres at 31.9 g/t from 313 metres and 7 metres at 50.3 g/t; and
55.6 metres at 5.7 g/t from 237 metres, including 40 metres at 7.3 g/t from 239 metres. ....

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Proactive Investors China - The web's leading portal for China stocks - Predictive Discovery hits highest impact gold intercept at Bankan with 44 metres at 8 g/t


2021-07-01
by Proactive Australia
Predictive Discovery Ltd (ASX:PDI) has recorded its highest impact gold intersection to date at the Guinea-based Bankan Project with 44 metres at 8 g/t gold from 265 metres.
Recently, the gold explorer drilled four diamond drill holes, covering 1,060 metres, across two of the project s prospects - NE Bankan and Bankan Creek.
The 44-metre intersection at NE Bankan included 17 metres at 18.1 g/t from 273 metres and is the company s best result so far.
Meanwhile, Bankan Creek didn t disappoint either with a diamond drill hole intersecting as much as 24.1 g/t gold 37 metres from the surface.
Infill resource drilling continues at Bankan Creek prospect, with Predictive growing more certain the area will contribute strongly to a planned maiden resource estimate. ....

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Why the Predictive Discovery (ASX:PDI) share price is rocketing 20% today


Why the Predictive Discovery (ASX:PDI) share price is rocketing 20% today
There’s nothing like a potential big gold deposit to stir ASX investors’ interest.
Bernd Struben earned his economics degree in the US. Following several years writing about the tourism industry in the Caribbean, he moved to The Netherlands to cover the EU s booming commercial real estate markets. He moved to Australia in 2010, where he transitioned to analysing the Aussie equity markets. He employs a combination of macro economics and company specific data to gauge what he believes are tomorrow s best investments. In his free time, you re likely to find Bernd at the beach or dabbling away on a new work of science fiction. ....

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