Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
Goldstone Resources (GRL), the unloved West African gold explorer whose shares have fallen 98% in 10 years, is entering a new era, which long-suffering investors must hope will radically improve its prospects. Shareholders have approved a package of measures, including a £1.4 million investment by fellow AIM counter Stratex International (STI) and the replacement of Goldstone’s chairman Jonathan Best by Christopher Hall of Stratex, putting Stratex into the driving seat.
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