MET mt isa metals limited
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BF gold producers are performing well.IAMGOLD Q1 gold production...

  1. Squadger
    1,106 Posts.
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    09/05/11
    17:35
    Post #: 8374624
    BF gold producers are performing well.

    IAMGOLD Q1 gold production up 41%, (strong performance at its largest assets, the Rosebel mine in Suriname and Essakane mine in Burkina Faso. Reuters)

    AVOCET MINING. Gold output from Inata mine in BF up 4% from Q4 (the recent unrest in that country had not adversely affected any of its operations. Reuters)

    Share prices
    IAMGOLD up 1.35%
    AVOCET down 12.6%

    So the SP of these BF gold producers seems to be affected by market concerns of political unrest even though the political unrest is not actually affecting the companies performances.

    I guess this is the case with the MET SP as well so I am still holding and will probably buy some more soon.
    MET Price at posting: 45.0¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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