Register for Free to get streaming real-time quotes, interactive charts, live options flow, and more.
| Share Name | Share Symbol | Market | Stock Type |
|---|---|---|---|
| Gma Resources | GMA | London | Ordinary Share |
| Price Change | Price Change % | Share Price | Last Trade
|
|
|---|---|---|---|---|
| 0.00 | 0.00% | 0.12 | 00:00:00 |
| Open Price | Low Price | High Price | Close Price | Previous Close |
|---|---|---|---|---|
| 0.12 | 0.12 |
| Top Posts |
|---|
Posted at 11/2/2013 21:04 by bobthebully "But we are still working on it and the expected value will be between £65 million and £165 million -- back as soon as possible".Does that "we" mean there are more than one moron who can't count? Noi you seriously need to wake up from the dream reality you are in. GMA screwed all it's private investors before and they most likely will do so again, wake up! |
Posted at 05/2/2013 06:48 by brasso3 I would imagine there will be a sell off today so investors can bank there losses for CGT purposes. We will see. |
Posted at 17/4/2012 13:31 by aleoap I truly am intrigued as to why folk are buying at this price. They obviously see value paying 900% over wind up value. If it's wound up tomorrow investors get 0.01p per share. When there are shares out there like AME who at 3.875p have 3.8p cash and their own drilling equipment, and are currently drilling on two highly prospective licences in Mali, why bother here? Anyway will leave you with binladin, just baffled at the share price action here - and will keep watching to see if I'm right or wrong. |
Posted at 24/1/2012 14:49 by binladin a rise like this is to encourage new investors for a new rights issue......... |
Posted at 24/1/2012 13:22 by 5dally If anyone is interested there is a post on Interactive Investor (posted monday) that may or may not be true,,,, |
Posted at 21/12/2011 14:31 by flyingswan Quite a contrast between GMA and CRND today - Central Rand Gold CRND is doing well again today, currently up 0.33p 42% rise:Wednesday, December 21, 2011 One of today's top performers in the mining sector Central Rand Gold (LON:CRND) became one of the most actively discussed stocks on message boards thanks to today's 9.5 percent rally to 0.85 pence per share. Investors following the South African operating miner also noted that volumes have increased considerably with several buys of hundreds of thousands of shares going through in the morning. The surge in the share price was linked to today's sharp rise of over US$25 in the price of gold and speculation that the yellow metal has bottomed out and another rally in gold prices is coming in part due to increasing physical demand from China. Demand for gold was also driven by the positive results of the European Central Bank's (ECB) tender. It was also speculated on message boards that the progress the company has made since restarting operations in Johannesburg after a decision by the minister of mineral resources to suspend its mining rights was suspended. Central Rand has managed to produce 4,928 ounces of gold during the October quarter and said it was on track to average 1,000 ounces per month, which should provide it with cash to fund its operations. |
Posted at 08/12/2011 01:37 by bones30 Shame on Shares Magazine for promoting this. Oh yes, they promoted Sunkar too.This is a good cautionary tale for any potential investor in a gold producer. |
Posted at 07/12/2011 22:32 by flyingswan I am surprised GMA was not in the list at the end of this article, with a 52% rise!London gold edges higher ahead of ECB decision; Central Rand Gold, Kolar Gold on the rise Thursday, December 08, 2011 by Proactive Investors Gold edged higher overnight in London as demand for the yellow metal was stimulated by expectations of further stimulus action by the European Central Bank (ECB), which will make its interest rate announcement tomorrow. The ECB is widely expected to cut its interest rate by a further 0.25 percent or possibly by as much as 0.5 percent, which would drop the rate to 0.75 percent, to stimulate the European economy. It is also speculated that the ECB could go further and reduce deposit and borrowing rates for banks and provide long term loans for up to three years for banks to boost liquidity in the sector; in addition, according to a report by Bloomberg News, the ECB could relax collateral criteria for loans. Further measures to support the European banking sector by the ECB is likely to push up the euro and weaken demand for the US dollar, which is seen as an alternative asset to gold. Gains in the yellow metal were curbed by fears that Friday's crucial EU summit will fail to bear fruit after a senior German official said he was pessimistic that the summit will be successful. EU leaders are set to discuss changes to the EU treaty to tighten fiscal discipline within the euro zone to avert a breakup of the monetary union. Gold traded at 1.734/oz this afternoon, up US$5 from Tuesday's close. Other precious metals were headed in the opposite direction with silver dropping 15 cents to US$32.61/oz and platinum falling US$12 to US$1,510/oz. London's top risers in the sector were: Central Rand Gold (LON:CRND), up 9 percent at 0.436 pence Kolar Gold (LON:KGLD), up 5 percent at 15.5 pence Randgold Resources (LON:RRS), up 3.5 percent at 6,950 pence Orosur Mining (LON:OMI), up 3 percent at 72 pence |
Posted at 05/9/2011 16:01 by jl202 Article on valuing leveraged gold stocks in this high gold price climate:Aug 29 2011 1:43PM Valuation Gap Makes Gold Miners Attractive But All Miners Aren't Created Equal Goldwatchers were reminded gold's volatility works in both directions this week, with prices falling more than $100 an ounce in just one day. We forecasted the selloff last week, explaining a 10 percent correction would be a non-event. Once again the CME Group hiked the exchange's margin requirements for gold investment to shake out overleveraged speculation. This is a positive for long-term investors. One market trend that seems to be attracting more and more attention is the large performance gap between gold bullion and gold stocks. The price of gold bullion has increased roughly 28 percent in 2011, while the S&P/TSX Gold Index was down 1 percent as of Monday. This shouldn't come as news for subscribers to these weekly alerts; we first discussed this opportunity back on June 17: Will Gold Equity Investors Strike Gold? A report this week from BMO Capital Markets offered one reason behind the performance gap, "The rate of change in the gold price has been high over the past decade, perhaps too high for investors to gain confidence in that price as sustainable for an equity investment decision." BMO says it was hard to imagine gold prices could sustain a $1,000 an ounce levels five years ago, but "now it's hard to see the gold price falling to that level." Using the implied value of a defined group of global gold stocks, it calculated the internal rate of return to measure how gold stocks have underperformed compared to the yellow metal. Over a period of nearly 20 years, BMO's group of global gold stocks has never been this inexpensive. Only twice-during the Tech bubble in 2000 and the financial crisis of 2008-has the internal rate of return compared so closely with the price of gold bullion. |
Posted at 18/7/2011 10:01 by flyingswan Gold soars above $1,600 per ounce for first time(AFP) 1 hour ago LONDON - The price of gold surged on Monday above $1,600 per ounce for the first time in history, as investors bought the safe-haven metal amid deepening debt worries in the eurozone and the United States. Gold jumped as high as $1,600.10 an ounce in early morning trading on the London Bullion Market, as the precious metal extended its recent record-breaking surge which began on Friday. "Gold hit another milestone ... at $1,600 as investors lose confidence in the ability of politicians to get to grip with the debt problems weighing down on sentiment," said CMC Markets analyst Michael Hewson. "More advances look likely while this lack of confidence prevails as investors plough capital into the asset." |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions
Hot Features
Premium
