New standard listing: Hamak Gold’s Liberian prospects

Hamak Gold is a Liberia-focused gold explorer with two gold prospects. Liberia is apparently an underexplored and underdeveloped area in sub-Saharan Africa. There are already two significant gold projects in Liberia.

Sampling should commence at both the licences in the first half of 2022, while the exploration drilling could start early in 2023.  

The share price opened at 12p and has stayed at that level, although the bid/offer spread is 10p/14p. That is a wide spread and the trading levels have been fairly low. Wait for further developments with the exploration programme.

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