rumour is that these dumb boys might be buying the "bounty gold mine" in western australia - if this is the case I would say the SP might go down temporarily.
(a) Bounty was closed down in 2002? (b) Vwery seismically active mine - rockfalls had killed 2 or 3 people over the previous mine life (c) The last company which owned it went banckrupt (Viceroy Cananda) (d)The mine is already quite deep, so the deeper they go the more dangerous it could be.
Take this with a pinch of salt please.....this is just speculation
CVG Price at posting:
0.0¢ Sentiment: None Disclosure: Held