Excerpt from article in The Australian 21st May -----
Alex Passmore, head of metals and mining at Patersons Securities in Perth, says investors with a focus on WA stocks should also be considering Catalpa Resources (which last week received a $350m takeover bid from St Barbara), Integra Mining, Focus Minerals and Regis Resources.
Passmore points to Australian Bureau of Statistics data that show gold exploration has surged from $90 million per quarter in June 2008 to $170m per quarter in December.
Until 2009, he says, the Australian gold sector was weighed down by domestic cost pressures driven by rapid rises in other commodities.
As a result, many were forced to explore offshore, particularly in Africa.
But for the past two years, gold has been catching up to other minerals as the price has soared from $US800 to $US1500 an ounce.
Link to entire article ----
http://www.theaustralian.com.au/business/mining-energy/old-prospects-attract-new-attention-as-gold-goes-up/story-e6frg9df-1226059919685
Excerpt from article in The Australian 21st May -----Alex...
-
- There are more pages in this discussion • 1 more message in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add FML (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
12.5¢ |
Change
-0.013(9.09%) |
Mkt cap ! $35.81M | |||
| Open | High | Low | Value | Volume |
| 13.5¢ | 13.5¢ | 12.5¢ | $6.335K | 47.44K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 198192 | 12.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 14.0¢ | 67030 | 2 |
View Market Depth
| Last trade - 15.58pm 26/07/2024 (20 minute delay) ? |
| FML (ASX) Chart |