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West Africa gold juniors ripe for consolidation, suggests broker
Mon 8:59 am by Philip Whiterow Cluff represents the greatest valuation upside potential of the West African gold stocks.
Cluff Gold (LON:CLF, TSE:CFG), Aureus Mining (LON:AUE, TSE:AUE) and Avocet Mining (LON:AVM) are among the best bets in the emerging gold hot spot of West Africa, broker Oriel believes.
The broker, which has just visited the region, said West Africa is an under-explored gold region that is highly prospective for the discovery of multi-million ounce gold deposits.|
Its epic CFGP
|DJ European Wheat Futures Gain 4% On Fund Buying
LONDON (Dow Jones)--European wheat prices surged 4% Tuesday, rebounding sharply from Monday's three-month lows as buyers swooped on technically oversold markets.
Paris November milling wheat surged EUR7.50, or 4%, to hit an intraday high of EUR195 a metric ton after slumping Monday to its lowest point since mid-March at EUR187/ton. At 1130 GMT, it was trading up 3.7% at EUR194.50/ton.
Traders said the interest was coming from an influx of fund money after the recent fall in prices left markets oversold. At Monday's low, prices had lost more than 25% from their May highs.
"The funds have come back in today," said a Switzerland-based trader. "This will continue for several days now because they will find the arguments to push higher after the big fall."
Others also pointed to rising temperatures in Russia and high rainfall in Ukraine as prompting concerns for the state of crops. June's slump was partially triggered by fears of an influx of cheap Black Sea wheat when Russia lifts its export ban in July so any downgrade there would have a big impact on sentiment.
-By Caroline Henshaw, Dow Jones Newswires; 4420-7842-9478; firstname.lastname@example.org
(END) Dow Jones Newswires
June 28, 2011 07:37 ET (11:37 GMT)
Copyright(c) 2011, Dow Jones & Company Inc.|
OK lets GO|
|The Directors believe the following are the key strengths of the Group:
· The Group has an experienced management team with significant farming expertise
· The Group makes use of advanced farming techniques
· The Group has significant storage, infrastructure and logistics capacity
· The Group has a track record of yield improvement
· The Group can benefit from further efficiencies and economies of scale
· The Group has a high quality land portfolio with opportunities to expand rapidly
Speaking today on the commencement of trading on AIM and ESM, Nick Parker, Chairman of CFG, said:
"The Board and its original shareholders are pleased to have completed the next step in the development of Continental Farmers Group. The Admission and raising of new equity will allow the business to take advantage of the significant opportunities in the agricultural sector and in particular in its chosen markets. Most of the Board of CFG has been together since 2008 and CFG has benefited from the strong corporate governance and guidance from our non-executive directors. I would like to thank Tom O'Mahony from Origin Enterprises plc, the parent company of our largest shareholder, for chairing the group since 2008 and to welcome Sir Malcolm Rifkind's increased role as the Senior Independent Non- Executive. On listing Tom has stepped down as Chairman and I have become Chairman and look forward to guiding the Company through the next stage of its developments. "|
|stick MFX in the EPIC box and hit return - it's there on my PC :>|
|OK cant seem to find it though just a link to streaming monitor?|
|purser - i meant i had done it already ! LOL|
|OK did it new thread here http://www.advfn.com/cmn/fbb/thread.php3?id=20244573|
|set up a new thread under MFX|
|dont like the sound of that much have to say ! makes them sound like a bunch of spivvs. other views ?|
|RNS Number : 3358W
Conister Financial Group plc
27 July 2009
FOR IMMEDIATE RELEASE27 July 2009
Conister Financial Group PLC (the 'Company')
Change of Company Name and Website address
Conister Financial Group PLC announces that, further to the approval by its
Shareholders at the Company's Annual General Meeting held on 29th June 2009, it
has changed its name to Manx Financial Group PLC with immediate
Trading in securities of the Company under the new name is
expected to commence on the next trading day following this announcement and the
new TIDM code to be used on the London Stock Exchange will be MXF.
Company website address, containing the information as required under AIM Rule
26, is as follows: www.mfg.im.
The Company's wholly owned banking subsidiary, Conister Trust Limited, will
continue to trade under this name.|
|Someone light the touch paper please ;-)|
|Would expect that 12p is history today.|
|Oops, looks like she's moving already|
|Hmm been watching these for ages, don't think they are going to drop any more. I really ought to get some before it moves north..|
|On what they are now paying interest to investors the margin should be healthy.|
|At least i got it moving.
This is a volcano just waiting.
|Well we may see traders decend soon as this one is locked and loaded.|
|Bid price is inching higher now. and volume is far better than previous days.|
|Looks like the 100K pushed it up.|
|Well makes a nice change to see some colour. Lot's of upside in the recovery.|