Tantalum/gold producer Sons of Gwalia (SGW) rises 18 cents or
7.0% to A$2.77 on heavy 2.5 million volume, after adding 11 cents yesterday, to
be up 16% from a week ago. Several factors coming together to help SGW gain
ground, including reports of growth in global tantalum demand. Gold price
holding above US$390/oz won't be harming prospects. SGW used to have wide-open
share register, but in past month Schroder, Goldman Sachs, JP Morgan, National
Australia Bank, have all filed substantial shareholder notices, effectively
covering 22% of shares. So, suddenly supply tightens. All up, SGW looks set for
substantial rally.
SGW
sons of gwalia limited
