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Samson Rock Bets 73% of Portfolio On New Allied Gold Corp (AAUC) Position
Samson Rock Capital LLP has made Allied Gold Corporation (AAUC) its largest holding, dedicating 72.89% of its 13F reportable assets under management to a new position of 1,425,000 shares. This significant investment, valued at an estimated $43.05 million initially, highlights Samson Rock’s strategy of concentrating its portfolio, even after trimming other positions. Allied Gold, a Toronto-based gold producer with African mining assets, saw its shares increase by 172.4% over the prior year.