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Strong momentum and positive sentiment in the gold price to continue - Davide Bosio

 

Shaw and Partners WA state manager Davide Bosio tells Proactive's Andrew Scott the continued strength in the gold price is seeing a number of smaller companies push forward and raise capital plus he says a lot more larger transactions are happening in the space too.

He mentions Bellevue Gold Ltd (ASX:BGL) which has launched a fully underwritten institutional placement of shares to raise about $100 million and a share purchase plan (SPP) to raise up to $20 million.

Bosio is still firm on his view that gold will hit $2000/oz.

Quick facts: Bellevue Gold Ltd

Price: 1.12 AUD

ASX:BGL
Market: ASX
Market Cap: $878.75 m
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