RES 0.00% $4.61 resource generation limited

fin review article

  1. 1,162 Posts.
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    For those who still buy papers...page 30.Knew there was a reason for sp movement...

    "Look at laggards for this year's stars"
    "Low valuations are increasing hard to ignore"

    " One of Citigroup's top picks for the (resource) sector is Resource Generation.It describes the coal explorer as a 'very high risk but potentially a highly rewarding'. proposition that could produce a 4-fold increase in its sp over the next year.
    The miner's key Boirakebelo project has 3 BILLION tonnes of coal resources and 745 tonnes of reserves. Management has an initial target of producing 6 mil tonnes a year of washed coal from the open pit project.
    The stock shed 28% of its value in 2011 and was trading around 39c on friday compared with citigroup price target of $1.45 a share."

    You know you've made it when you make it to the FinReview!!
 
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