Sunday, November 30, 2008

Gold stocks - emerging producers

One gold stock I have been watching lately is Perseus Mining. It has 2 attractive gold projects in Africa that are generating very attractive drilling results. In this market the company is having a lot of trouble gaining funding. Its probable it will be taken over at some point, and a capital raising will likely provide the opportunity. They still need funds, and the weak AUD has just made things that harder.
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Andrew Sheldon www.sheldonthinks.com

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