Investors in GCM Resources (GCM) seem to be shocked that recent news hasn’t caused the share price to rise much higher, and barring a very brief spike immediately after news of a deal landed, it has settled back to around the level that it was trading at before the RNS dropped. The news that has got everyone invested in this Bangladeshi coal miner so excited is a joint venture agreement with a huge government owned entity called PowerChina, which is involved in coal fired power plants and is a name that some will be familiar with as it also has similar deals in place with other small mining companies in various parts of Africa as well...
If you want me to analyse a stock for you just drop me a line at sqmir@hotmail.com - Today I look at shares in Bacanora Minerals (BCN), Polo Resources (POL) and J Sainsbury (SBRY) setting share price targets for all three stocks.
At first glance it may not appear that shares of Polo Resources make for the best bullish contender, but there is enough here especially over the past couple of months to suggest that this is a bona fide recovery situation.
If you want me to analyse a stock for you just drop me a line at sqmir@hotmail.com - Today I look at Litebulb Group (LBB), Marechale Capital (MAC), Polo Resources (POL).
As we know Daniel Stewart will stop being a Nomad tomorrow night and so shares in its clients will be suspended from the AIM Casino unless they get a new Nomad PDQ. So today China Chaintek (CTEK) announced that ZAI Corporate Finance had taken it one. FFS – Alarm Bells vicar? Due diligence? A list of ZAI bargepole stocks is needed now.
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