I bought into GMA Resources yesterday and am waitingfor year end results at the end of June. They are producing gold in Southern Algeria and with the increase in the price of gold, I am hoping that they have made a profit. The sp has been a lot higher but they have made losses for the past few years. The sp was 5p not so long ago and I bought at 1.4375p so a rise over 2p would suit me nicely.
This morning we had a letter from VOG on current position. It was all very positive and for a few momentswhen the market opened, the sp went up then went back down again. I am still holding out for my 10p sp but I may have to wait until they start selling gas which will be in Q4.
This morning we had a letter from VOG on current position. It was all very positive and for a few momentswhen the market opened, the sp went up then went back down again. I am still holding out for my 10p sp but I may have to wait until they start selling gas which will be in Q4.
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