Archives for August, 2013
Fortescue has gone through a remarkable transformation over the past twelve months. This time last year FMG was reeling under the pressure of a crash in iron ore prices. Although they had a reasonable cash margin, which was allowing them to meet their debt obligations, the situation was finely balanced.…
I attended an interesting site visit to Mt Adrah last week in the company of a number of brokers and investors. The project is located in the Riverina region of NSW; prime agricultural land and an idyllic location for an exploration program. Read more about Sovereign Gold Company here and…
Gold (number 79 on the Periodic Table of the Elements), has been money ever since it was discovered. Today it competes against fiat currencies, especially the US dollar, in a competition it so far seems to be losing. We are all aware of the value of the printing press to…
I last wrote about Coppermoly on 4 July 2013. The Company had just announced that it was acquiring Barrick’s interest in its PNG projects, and that Jelsh Holdings Pty Ltd has agreed to underwrite a Rights Issue to raise approximately $2 million at a price of $0.045 per share. Read…