Georgian Mining up 50% after drilling joy

Dan Coatsworth

Archived article

Please note that tax, investment, pension and ISA rules can change and the information and any views contained in this article may now be inaccurate.

Very good drill results and subsequent £88,000 personal investment in company shares by two directors is reason to take a closer look at micro cap Georgian Mining (GEO:AIM). The company has found very high grades of copper at shallow depths at its 50%-owned Kvemo Bolnisi project in Georgia. Its shares are up 50% year to date, mostly in the past week following these two bits of news.

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