September 12, 2012 12:23 pm
I am adding EGE (Eagle Star Minerals) @ 0.10 and V.PGK (PNG Gold) @ 0.22 to our official portfolio.
Eagle Star has a solid potash portfolio in Brazil, and strong insider ownership (CEO Eran Friedlander owns 12.1 million shares, with 6.1 million shares purchased in latest PP @ 0.10).
PNG Gold is developing an advanced high grade near surface gold project in Papua New Guinea. Highly experienced technical team, about $22 million cash and a market cap of only $33 million.