comm bank 12% shareholder, page-2

A noteworthy observation.This is a big call from CBA, the largest resource fund manager in Australia,to hold 80m.shares in this emerging gold producer.Strong cash flow is just 6 months away and their bank required hedging will be able take benefit from the likely spikes ahead in the yellow metal,as Saddam plays hard to get and the U.S.economy and the dollar come under more spending pressure.A grossly underpriced stock IMHO.
SEARAY