FML 1.85% 13.8¢ focus minerals ltd

Not sure if anyone saw this article in todays...

  1. 73 Posts.
    Not sure if anyone saw this article in todays 'Australian'..

    http://www.theaustralian.com.au/business/mining-energy/gold-price-to-continue-rallying-in-2011/story-e6frg9do-1225975875669

    More specifically the last couple of lines:

    He also said Focus Minerals had flown under the market's radar, despite being in a geologically terrific part of the world with its Coolgardie operations near Kalgoorlie in WA.

    "This is the first time that anyone has really had a major part of the Coolgardie field," he said.

    "It has always been very fragmented, small players and they've often been undercapitalised and tried to go for the quick kill.

    "But these guys are trying to do it on a far more long-term basis and I think they are building a solid business."

    Focus' Treasure Island prospect looked like it could potentially live up to its name while The Mount prospect was also promising, Mr Arden said.

    Another 'one to watch' is Thailand-focused Kingsgate Consolidated Ltd, which Morningstar said was a key takeover target in 2011.

    FOOD FOR THOUGHT!!!
 
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