SAR 0.00% $4.69 saracen mineral holdings limited

chinese takeover another oz oldmine

  1. 3,740 Posts.
    it seems Chinese continue of their acquisitions of of gold mine assets in Australia.

    Now takeover from others seems to be the only way for the share price bounce back in short to mid term before later half of 2014.

    "Chinese iron ore concentrate producer China Hanking Holdings surged 6.2 percent afterit agreed to buy the assets of Southern Cross Operations - a gold mining property in Western Australia - from St Barbara for $23.59 million."

 
watchlist Created with Sketch. Add SAR (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.