Simon T. Ridgway is President and Director of Radius Gold, Inc. Unlike the heads of many junior exploration companies, Ridgway is not only known for making deals that profit his shareholders, but for actually getting out in the field with his team of prospectors and making grassroots discoveries.
We recently caught up with Explorer’s League honoree Simon Ridgway about one of his earlier-stage companies, Radius Gold (V.RDU). Is it time to invest? Find out where Simon is exploring now and why he’s not worried about Peru.
XL EDITOR JEFF CLARK: Simon, we talked a couple years ago, and you indicated Radius would get your focus. Tell us what’s transpired with the company since then.
SIMON RIDGWAY: Yes, I had just stepped back from active management of Northland Resources to focus on Radius after the failure of the joint venture between Radius and Meridian Gold at Pavon.
JEFF: Why wasn’t the takeover successful?Read More
Columbus Gold (V.CGT): The company recently completed 1,215 meters of drilling on its Bolo project in Nevada, the best hole hitting 30.5 meters of 2.37 g/t gold. That hit was part of a broader interval of 76 meters of 1.15 g/t gold. The hole bottomed in mineralization at 182 meters.
Note: If you missed it, Fortuna moved from the Venture to the Toronto exchange. This “graduation” to the TSX happens when a company is deemed a more “senior” equity and shares have demonstrated strong performance, predictability, and liquidity. This move will bring FVI added exposure to a broader base of investors. Fortuna also trades in Lima, Peru (FVI), and Frankfurt, Germany (F4S.F).