I made some notes six months ago which were as follows:Here we...

I made some notes six months ago which were as follows:

Here we have a company with a gold hedging problem, less output than analysts hoped for and acknowledged as the world leader in mining a commodity (tantalum) which has suffered a huge collapse in the last year or so (never mind the fixed price contracts which will have to be renegotiated one day) http://www.metalprices.com . The price hasn't pulled
back much and yet most brokers apparently rate it as a "buy"
http://au.us.biz.yahoo.com/z/a/s/sgw.ax.html . Furthermore, GIP is a penny dreadful, yet recently claimed (but can they be believed after their dot com
claims two years ago? Can they turn the failure of others into success?) they are in a good position to set up, in partnership with the Egyptian Government, what will supposedly be the world's second biggest tantalum mine, Brazil is aiming to quadruple production, ATE is about to start producing under contract and another penny dreadful, AFM, has interesting plans."

Today I note SGW has broken a medium term double bottom and it apparently reports tomorrow. There might be a good bounce on the cards here, but for as far as
longer term investment goes, has the company reached fair value given its problems haven't really lessened?

Feedback welcome for this is a potentially interesting trading situation and the more information the better.

Disclaimer: I don't own any of the stocks mentioned at the moment, but am considering GIP (again) and SGW.