Shares & Derivatives
Will this stock become the next multi-bagger stock next?
By Singapore Stocks Investing (SSI)  •  September 18, 2015
LionGold announced its financial results on 17 Sep 2015 and the result was an improved set of results compared to the previous reporting. As investors could recall, LionGold was one of the trio stocks, along with Blumont, Asiasons (now called Attilan) involved in the Oct 2013 penny stocks saga. That episode has erased billions of dollars from the Singapore stocks markets and investigation into the cause of the saga is still ongoing. Prior to restructuring the business into gold mining, LionGold was known as The Think Environmental and back then, I still remembered the company as a credible company in recycling.Having said above, this is not to say that after LionGold’s foray into gold mining, LionGold has not become a credible company. In fact, prior to the penny stocks saga, LionGold seemed to be a credible company to investors so much so that they bought into the stock and ......
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By Singapore Stocks Investing (SSI)
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