Australian (ASX) Stock Market Forum

Help: Looking for Gold Company

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21 April 2006
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Hi,

I'm looking for the Australian gold company which has 8.7 million ounces of gold. But this company’s market cap is a tiny $287 million.

It’s chiefly an Australian miner, but also owns properties in Africa. And many of the properties are ready to start producing gold, so this is no unknown company that’s found gold deep down underground but has no means, capital or otherwise, to get it out.

Anyone know what company this is?
 
I'm also looking for an Australian gold stock set to start new gold production in June! Just one of its projects is estimated to produce over 500,000 ounces of gold a year for more than 20 years!

Anyone know which stock this is?

Appreciate your help.
 
Marky1117 said:
I'm also looking for an Australian gold stock set to start new gold production in June! Just one of its projects is estimated to produce over 500,000 ounces of gold a year for more than 20 years!

Anyone know which stock this is?

Appreciate your help.

Sounds a bit like Bendigo Mining (BDG)
 
Marky1117 said:
I'm also looking for an Australian gold stock set to start new gold production in June! Just one of its projects is estimated to produce over 500,000 ounces of gold a year for more than 20 years!

Anyone know which stock this is?

Appreciate your help.

BDG as the others have said

Its actually 600,000oz pa

But 1st year of production only 120,000oz then ramping up to the 600,000oz over the next 5 years..

COsts seem to be low as well, au$200/oz...
 
Marky1117 said:
Hi,

I'm looking for the Australian gold company which has 8.7 million ounces of gold. But this company’s market cap is a tiny $287 million.

It’s chiefly an Australian miner, but also owns properties in Africa. And many of the properties are ready to start producing gold, so this is no unknown company that’s found gold deep down underground but has no means, capital or otherwise, to get it out.

Anyone know what company this is?

I've advised Marky1117 by PM about the posting guidelines and code of conduct here on ASF. If this was a genuine call for help I'd have expected a different approach and maybe more disclosure (see other threads by Marky) and some background info on any relevant tipsheet that's spruiking it.

Marky, please post in the appropriate threads for each co, I'm sure you know which ones they really are.
 
RichKid said:
I've advised Marky1117 by PM about the posting guidelines and code of conduct here on ASF. If this was a genuine call for help I'd have expected a different approach and maybe more disclosure (see other threads by Marky) and some background info on any relevant tipsheet that's spruiking it.

Marky, please post in the appropriate threads for each co, I'm sure you know which ones they really are.

I don't think there is any doubt about the credibility (or lack of) in these type of posts.

Unfortunately as ASF grows we are bound to get some of the undesirables off Hotcopper etc.
 
Porper said:
I don't think there is any doubt about the credibility (or lack of) in these type of posts.

Unfortunately as ASF grows we are bound to get some of the undesirables off Hotcopper etc.

spot on - we need some kind of credibility vote for members. Otherwise I can see it becoming out of hand at one time or another. Enthusiasm is great but ramping isn't. I'm not implying either by the way...
 
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