Tuesday 3 January 2012

BGC: TSX:V Shares advance 6% on heavy buying

Investors turn their attention to Brazilian Gold Corp as market momentum picks up on the growing interest in the Sao Jorge gold project in Northern Brazil, where recent positive drill results indicate a strong potential to significantly add to the current confirmed NI43-101 compliant resource classified according to CIMM standards (Canadian Institute of Mining and Metallurgy) Shares advance over 6% on early trading Tuesday!

TAIA Lion Resources Boosted by Rapidly Improving Infrastructure in Sierra Leone

TAIA Lion Resources the fast track developer of the highly prospective Gori Hills and Lake Sonfon gold projects in Sierra Leone is boosted by the rapidly improving infrastructure currently underway in country.


Back off the news that the UAE has signed an open skies agreement with the Government of Sierra Leone, paving the way for direct commercial flights between Freetown and Abu Dhabi / Dubai, the news that Hilton Hotels and Resorts is set to open a brand new resort hotel in 2014 in Freetown, the country’s capital provides a further boost to investors who are seeing a rapid transformation underway in Sierra Leone with day by day improvements to facilities and infrastructure.




The 200-room Hilton Freetown Cape Sierra will overlook the coastline of this western African nation, at the mouth of one of the world’s largest natural harbors. The property will feature a business center, health club, outdoor pool, five restaurants and bars. 


Added to the Hilton news was the announcement by the highly respected Rezidor Hotel Group that they re-developed the Mammy Yoko Hotel, also in Sierra Leone’s capital Freetown. The hotel will open for guests this year under their Radisson Blu brand, offering  171 rooms, a restaurant with outdoor terrace, several bars, meeting rooms, an outdoor swimming pool, tennis courts, duty free shopping and a gym.
Deriving its name from Mammy Yoko, the leader of the Mende people in Sierra Leone in the second half of the 19th century,  the hotel was damaged during the country’s civil war, and has undergone a complete overhaul.
Commenting on these new developments CEO of TAIA Lion Ari Untracht said
"Its amazing the progress currently underway in Sierra Leone, we are truly witnessing a remarkable transformation in the country's fortunes. These new hotel investments coupled with the potential to add more direct commercial flights to Freetown, set against major improvements in power supply plus the building and re-furbishment of the highways all adds to the growing optimism about Sierra Leone as a rising star in West Africa's economic development"

The 200-room Hilton Freetown Cape Sierra
©Hilton Hotels Group