re: ballarat discussing possible merger...
ps: consider this statement:
"If it agrees to the merger, Ballarat will be the second Victorian gold company in a week to fall to consolidation." (Source: www.news.com.au/sundayheraldsun Story: Miners Talking Mergers)
Wouldn't it be nice if the spotlight were to be put back onto the value & resources of the Ballarat/Bendigo Goldfields and for Bendigo to run back up to the $2+ value in the fullness of time. Now that Bendigo is producing & developing its fields (& hopefully the price of gold will keep going like it did on Friday evening), we could start to see some movement irrespective of the slight resource downgrade. There is a lot of upgrade coming (especially at Railway) after they figure out exactly what it is they have! :-)
Cheers, Pie
BGF Price at posting:
0.0¢ Sentiment: None Disclosure: Not Held