"Hi, You may all wish to purchase a copy of this weeks Investor Chronicle. There is a very very very interesting article in there with respect the company.
Suffice to say, they are postitioning the stock as a buy. Canaccord are predicting a target price of 59p by 2008 and that the mine which has been purchased has been very undervalued.
Its fantastic news. The real only negative which was mentioned referred to the private investors who orginally bought into the company and are possibly abit anal retentive (my words) when poised with the possibility of coal exploration, although they did signal however that they may leave now the 5:1 ratio has been implemented.
This is fantastic news and a good plug for the company. Think we're all riding north this summer. "
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