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Sign InSamson Rock Capital has executed a massive strategic shift in its portfolio by acquiring 1,425,000 shares of Allied Gold Corp, valued at approximately $43.05 million. This substantial stake now accounts for a staggering 72.89% of the firm's total reported 13F assets under management, signaling an intense concentration in the gold mining sector. By the end of the quarter, the position's value appreciated to $61.45 million, reflecting both strategic trading activity and favorable price movements. Such a high-conviction bet by a hedge fund typically indicates strong internal confidence in the company's underlying fundamentals or upcoming catalysts. Market observers suggest this move could serve as a bullish signal, potentially attracting further institutional interest to the stock. The allocation represents one of the most significant portfolio rebalancings for the fund in recent periods.