Angold is coming out of the gate with just over C$8M in cash and with just about 84 million shares out, the current market capitalization of less than C$40M remains interesting for a company chasing elephants. The IPO financing was priced at C$0.40 and the share price is currently barely trading higher so although the IPO was oversubscribed and participants were cut back, there still seems to be an opportunity to pay just a few cents more than the IPO price. Unfortunately Angold is only making the corporate presentation available for people leaving their contact details behind. While it’s understandable the company ... (full story)