GUF is looking really strong - i guess the numerous brokers with price targets that are double/triple the current price might be starting to sell this story to their clients...
fosters is valuing South Gobi alone at 0.95 per share (450 million) - not to mention the billions of tonnes of coal in qld (and with former long serving liberal members on the board - i am confident they will get developed!!!)
my thoughts are that mining at south gobi is imminent and the margins are high given proximity to chinese border. or the white mountain transaction might be coming to a head.
either way - $1 could come quickly if the weekend is the end of the world.
good luck all.
GUF Price at posting:
60.5¢ Sentiment: Buy Disclosure: Held
