Australian (ASX) Stock Market Forum

2012 ASX listed Gold Companies IPO Summary

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I've compiled a list of IPOs which went to market in 2012 that mentioned they were actively exploring for gold, held interests in gold companies or had prospective tenements for gold (27 companies in all). Full results attached.

Top 5:
1. BOA Boadicea Resources 170.0%
2. BBR Bora Bora Resources 122.5%
3. BRB Breaker Resources 85.0%
4. FOT Fortunis Resources 42.5%
5. NWF Newfield Resources 37.5%

Bottom 5:
1. RGX Red Gum Resources-75.0%
2. ESR Estrella Resources -70.0%
3. TAR Taruga Gold -60.5%
4. BAB Bullabulling Gold -58.0%
5. VIC Victory Mines -55.0%

Full list:
2012_ASX_gold_IPOs_goldmarketscentral_v2.jpg

2012_ASX_gold_IPOs_goldmarketscentral.com_bar_chart.jpg

Cheers
Scott
 
Thanks So Cynical, good to see you.

Yes, i've bullish on the future of gold and silver as we are in a commodities cycle together with a monetary cycle.

- When gold is measured against the sharemarket, the sharemarket peaked in 1999, and gold has since outperformed.
- When gold is measured against the Australian property market, the property market peaked in 2004 and gold has since outperformed.

There is no signs that the cycle has changed, and meanwhile the global debt situation isn't going to get any better in the US, Japan, China, Europe and also Australia. The cumulative weight of all the debt cannot be fixed this time through the printing press and secretive banking activity. Fiat currencies purchasing power will be destroyed, smart money will flow to a currency which offers stability of purchasing power.
 
Cheer Scott.

I spent 3 minutes Googling and found your new site....good luck with it.

The Gold argument is still compelling, perhaps another low point in POG coming up with the current weakness, another opportunity.
 
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