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Why are most upcoming floats resource companies?

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mthc4F

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I think resources companies are more likely to pass IPO criteria in OZ?:D

http://www.asx.com.au/research/upcoming.htm

Company Proposed ASX code * Proposed listing date/time
Austral Resources Limited AZW 10 April 2013 #
Classic Minerals Ltd CLZ 5 April 2013 #
Coke Resources Limited CKE TBA
Gossan Hill Gold Limited GOS TBA
IPB Petroleum Limited IPB 18 April 2013 #
Kin Mining NL KIN TBA
Laramide Resources Ltd LAM 22 March 2013
Macquarie Gold Limited MQX 24 April 2013 ##
Malabar Coal Limited MBC 21 March 2013 #
Perth Resources Limited PRD TBA
Priority One Network Group Limited POR 17 April 2013 #
Rental Management Investment Trust RTI TBA
SolGold PLC SLG TBA
Swala Energy Limited SWE 3 April 2013 #
Tlou Energy Limited TOU 28 March 2013 #
Torque Mining Limited TQE 28 March 2013 #
US Select Private Opportunities Fund II USG 4 April 2013 #
 
Its Australia...we do holes in the ground better than everyone else.

Why are most of the 2000 listed stocks in Australia prospectors and miners?
 
So_Cynical said:
Its Australia...we do holes in the ground better than everyone else.

Why are most of the 2000 listed stocks in Australia prospectors and miners?
Click to expand...

Yea, lucky Australia, dig the rock and get the gold, no need of trying to create a sophisticated powerful smartphone:D
 
mthc4F said:
Yea, lucky Australia, dig the rock and get the gold, no need of trying to create a sophisticated powerful smartphone:D
Click to expand...

When the gold is depleted, we can ride the sheep's back once more!

This time with a smartphone.
 
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