Gold stock

3130 days ago

You want one gold stock to buy but what? Ten experts say it should be...

Gold seems to be in an uptrend so maybe it is time to get a bit of exposure to the gold sector once more? But how? We adsked ten writers connected to this site and/or speaking at UK Investor show on Saturday if they had to bet the ranch on one stock what would it be?

3684 days ago

Amara Mining, drill results and thoughts on the share price of the ONLY gold stock we are tipping

Amara Mining (AMA) has announced further results from the 2014 drilling programme at its Yaoure gold project in Côte d'Ivoire which “continues to confirm high grade mineralisation throughout the deposit”.  This is the ONLY gold stock we are now tipping on our premium Nifty Fifty website.

3995 days ago

Amara Mining - New Resource Estimate: Buy

Amara Mining (AMA) has announced an updated NI 43-101 compliant Mineral Resource estimate for its Yaoure gold project in Côte d'Ivoire – which represents a 71% increase in the company’s overall mineral resources; to 3.7 million ounces ‘Measured and Indicated’ and 6.4 million ounces ‘Inferred’. 

4328 days ago

Guest post: Sam Bottell - African Barrick Gold – Takeover disappointment, more to come?

I spent two years working along Sam Bottell as he worked with minesite.com and oilbarrel.com and he is a good, honest and clever chap. Now that he is starting his career freelance writing as well as an organiser of the UKInvestor Show I have no hesitation in helping him along via this blog as a guest contributor. As such I bring to your attention a share tip & perhaps breaking news from him from TradingResearch Point covering an interesting enough gold stock.

Takeover talks do not always end with happiness all round. That is a lesson that shareholders in African Barrick Gold (ABG) have learned to their cost in recent days. On 16th August the company announced that, in effect, it was in takeover talks with China National GoldGroup Corporation. The shares rocketed to 492p. On 8th January the company said that talks were off. The share price is now 355p valuing the company at £1.46 billion. Is it worth hanging on to the shares on a fundamental basis?

4403 days ago

Hambledon Mining – Partial Cash offer at 2p: Accept

Clearly my advice to cut losses on struggling AIM listed gold miner Hambledon (HMB) was a tad premature. Today you have a chance to sell at 2p as a cash offer for 60% of the equity has been announced from African Resources. African is not African but Russian but take the offer anyway. Here is why.

4403 days ago

Aureus Mining Flushed Out - $80 million fund raise underway

Yesterday I warned that Aureus Mining was going to have to raise stacks of cash. The deluge of upbeat RNS announcements told you as much. And I advised selling at 57.5p. This was met with stacks of Bulletin Board abuse from folks insistent that I did not know what I was talking about. I suggest scores on doors after 24 hours: TW 1 BB Morons Nil. As today the company has ‘fessed up saying it plans to raise $80 million via issuing new shares. For a company capitalised at £60 million ($95 million) that is a huge ask and there seem to be all sorts of risks here. I would almost be tempted to go short here. If I own the stock I would sell. Here is why.

4404 days ago

Aureus Mining – A winner or a loser in the gold stakes?

AIM listed Aureus Mining (AUE) is a gold development and exploration company, currently mainly focused on progressing its New Liberty project – which it is targeting to become the first commercial gold mine in Liberia. I apologise for having timed my recommendation poorly here – recommending the shares at 84.5p in August 2011 on t1ps.com, during my 12 year stint there. Now trading at 57.25p, I review the investment case based on the informed view of where the best place to currently be in the gold sector is…

4434 days ago

Goldplat: 46 Per Cent ahead but more to come at 16.75p

I tipped AIM listed gold producer Goldplat (LSE:GDP) at 11.5p in October 2011 and after the publication today of results for the year to 30th June I am now 56% ahead with the shares at 16.75p. Not bad. But there is far more to come. I have just come off the phone with the company’s Nominated Adviser and that has helped clarify my thoughts and I reckon that the shares should, within a year, be trading at 30p plus. And here is why…

4439 days ago

Pan African Resources – 570 Per Cent ahead on this tip so far – more to come

I tipped AIM listed gold stock Pan African Resources (LSE:PAF) at 2.6785p back in November 2005. Long term investing pays off. Ignoring dividends, those who bought then are 570% ahead with the shares at 18p. That values Pan African at £260 million but having just had a long chat with CEO Jan Nelson I am convinced that there is more to come. And here’s why.