BUY
by
REDDEVON
on
23 Oct 2013 09:32
Price at rating: 0.13, now:
r [link] "In line with the Company’s strategy to build a portfolio of revenue generating African resource projects, the Placing will allow the Company to further develop and accelerate its current investment in the Mpokoto Gold project, in the Katanga Province of the Democratic Republic of the Congo (‘Mpokoto’), whilst continuing to evaluate other potential opportunities"r "to pursue its newly approved investment policy more aggressively, as we continue to develop a highly prospective portfolio of revenue generating African resource projects. In particular, we are focussed on increasing our interest in Mpokoto, which is held through our investment in Netcom Global Inc, and advancing the project up the value development curve."r r Update on this Gold investment could come very soon, also the Coal Briquette news is 4 weeks or less away. This has bottomed out as the wilder beast of day traders have run off to the next watering hole, going to rain here again soon and they will all be scuttling back. If you can get in at 0.13 give or take you shouldn't go far wrong.
Score: 85.00