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UK listed natural resources/commodities stocks that could well double in 2006...
gagner2006 - Sun, 01 Jan 06 :
ggg
high risk stock again due to total china focus and early stage nature of the business
current cap 3.7mn, including nearly 2mn of cash.
significant licence areas all of which have produced improving resource potential over the last few months (have a look at rns newsflow)
30mn warrants at 8p have perhaps caused an overhang since March listing at 8p due to holders selling ord's and keeping warrants. and this may continue for a while if the sp rises above 8p exercise price (options expire April 06)
but underlying potential substantial. gold reserves proven to acceptable int. standards amounts to 225,000oz, but much more could be on the way. also management team excellent with current and building connections of substance.
I hold for sp of 15p approx by the end of April 06, with a steday rise to 25p by the end of 06
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