Shares & Derivatives
WILL THIS STOCK BE A SUPERSTAR MULTI-BAGGER SOON?
By Singapore Stocks Investing (SSI)  •  July 30, 2017
As I read in the news yesterday that LIONGOLD Corporation held its AGM on 28 Jul 2017, I could not help but recall that LionGold was one of the trio penny stocks (alongside with Blumont and Asiason Capital (now called Attilan) which was embroiled in the penny stocks saga of year 2013, wiping off more than $8 billion from the Singapore stocks markets and led to the downfall of all of the penny stocks from the approximate $2 per share to the ultra-penny price per share. I am not sure how many investors bought these stocks at the sky-rocket prices and are waiting for answers. As for answers, we know that the police has investigated John Soh and investigations are ongoing. In my own thinking, LionGold has still a decent business model of gold mining and gold production. At such a low price of $0.002 per share, catalysts which ......
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By Singapore Stocks Investing (SSI)
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