Christmas has come early for holders of Gunsynd
“…Rincon Resources has already been transformational for Gunsynd who are confident of a far larger post-IPO valuation…”
With just days to go before Rincon Resources debuted on the Australian Stock Exchange, UK-listed investment company Gunsynd became the copper gold explorer’s biggest shareholder with a 16.5% stake.
Rincon has three strategic projects in The Paterson region which is one of the most prospective frontiers in Western Australia for the discovery of multi-cycle, tier-one gold/copper deposits. It’s home to Greatland Gold, and just as Greatland has become the market darling of the gold sector, Rincon could become the darling of Gunsynd’s portfolio.
With ‘exciting assets’ in an area that gets ‘better and better and bigger and bigger,’ Non-Executive Director Peter Ruse says the Rincon investment has already been transformational, but stresses the very exciting opportunities in Gunsynd’s other pre-IPO investee companies including Rogue Baron, Angold and Empress Royalty Corporation.
Peter tells Sarah Lowther why Gunsynd is more than a ‘one trick pony’, and about his quest to deliver another attractive copper and gold investment in the new year.
The author was remunerated but does not hold shares in the company