Here is what was said:
George Sakellariou, Investorfirst Securities
BUY RECOMMENDATIONS
Cape Lambert Resources (CFE)
An Australian mineral investment company, focusing on early stage resource projects and companies primarily in iron ore, copper and gold. CFE has sold a 25 per cent interest in the Lady Loretta Project for $30 million. It has also increased its stake in Pinnacle Assets Limited to 46.1 per cent via the purchase of 12 million shares for $13 million. As at March 31, the company had about $70 million in the bank. We view improving momentum and positive price action as supporting a strong rally, with upside potential to 72 cents a share in the medium to long term. The stock finished at 48.5 cents on May 19, 2011.
run with the bull rates as a buy, page-2
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Last
0.1¢ |
Change
0.000(0.00%) |
Mkt cap ! $12.73M | |||
| Open | High | Low | Value | Volume |
| 0.1¢ | 0.2¢ | 0.1¢ | $80.35K | 80.33M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 15 | 31658116 | 0.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.2¢ | 115578703 | 44 |
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