Hi Guys,
Gold appears Off to the Races at present.
A shame gold shares, especially Focus, are not Off to the Races? Share price will follow gold price, but, there is always a lag. Patience will be rewarded, as the value of ounces in the ground will increase with the price of gold and hence our shares. Post take over (assuming its a done deal?) having doubled resorces and reserves into a rising gold price sounds good to me. The icing on the cake is the strong liklehood that 8 drilling rigs will expand these reserves and resources, and if Nepean is drilled???
The potential "fly in the ointment", or at the very least a puzzling distraction IMHO, is the 5.9% holding in CRE just purchased by Stone Mining Limited of Hong Kong.
Follow this link for what the ASX have released for this transaction: http://www.asx.com.au/asxpdf/20110801/pdf/420447pgm5l3b0.pdf
An interesting read. Any guess what they are up to?
A fool and his money are soon parted, according to an old saying. In my experience, it is very difficult to part a Chinese Gentleman from his money!
DYOR
K
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Last
19.5¢ |
Change
0.005(2.63%) |
Mkt cap ! $55.87M |
Open | High | Low | Value | Volume |
19.0¢ | 20.0¢ | 18.5¢ | $104.4K | 541.4K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 13354 | 19.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
19.5¢ | 81748 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 13354 | 0.190 |
1 | 15000 | 0.185 |
2 | 65000 | 0.180 |
1 | 7852 | 0.175 |
2 | 108446 | 0.170 |
Price($) | Vol. | No. |
---|---|---|
0.195 | 81748 | 1 |
0.200 | 100000 | 1 |
0.210 | 7115 | 2 |
0.220 | 17000 | 1 |
0.240 | 15509 | 1 |
Last trade - 15.23pm 28/10/2024 (20 minute delay) ? |
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