SGW sons of gwalia limited

Tantalum/gold producer Sons of Gwalia (SGW) rises 18 cents...

  1. 965 Posts.
    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.
 
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Currently unlisted public company.

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