re: madmacs SGW is third largest gold producer in Australia, mined 500,000 ounces last year. Company has been producing gold since 1984 and in that time has produced over 4.7 million ounces of gold.
Also has the 2nd largest tantalum reserves in the world (congo has the largest, but civil war there at the moment). Thus, when we need more chips soon, SGW will fire up again.
Also mines mineral sands and is involved with BMX.
I think, if it didn't have all these other components and only the gold it would have been taken over long ago, though someone still could take it and split up the other components of the company.
Made more profit than OXR last year as well, <1/2 the market cap and proven producer....
Dropped because of a slip in one of its mines the Tarmoola mine, but they'll work it out in due course.
Recent insto placement was around $3.30ish...
www.sog.com.au
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SGW
sons of gwalia limited
re: madmacs SGW is third largest gold producer in Australia,...
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