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Authoritative Independent Monthly Share Selections Using Technical & Fundamental Analysis

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Secondary Recommendation

Frontier Mining - Poised to start producing gold

April 2005

Investing in shares may lose you all or some of your money. Past performance is no indication of future performance. Some of the shares recommended here may be small company shares, which can be relatively illiquid and hard to trade and this makes such shares more risky than other investments.

  • Epic Code:
  • FML
  • Price:
  • 39p
Experienced gold bugs will tell you that the juiciest part of investing in a fledgling gold explorer is usually when it has just started producing, a point at which analysts ascribe a much higher value to its reserves and resources, while welcoming its early steps towards self-sustainability. One recent AIM debutante which may be benefiting from this phenomenon is Frontier Mining, whose shares have virtually tripled since being placed on AIM at 15p last September. The excitement is not just on the basis that Frontier is poised to start producing 25,000 ounces of gold by June, but also its belief that this rate will quadruple by September 2007, which would propel it firmly into the big league. Frontie ...

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With small companies there is an above average degree of risk compared to buying blue chips. Please be aware that we have not assessed the suitability of any of these investments for you. The newsletter simply states a personal view and diarises the editor’s investment decisions. Please speak to your stockbroker or other qualified individual to ascertain whether any of these companies mentioned would form useful additions to your own portfolios. Past performance is no indication of future success.

All material on this website is protected by copyright. You may use Information retrieved from the www.scsw.co.uk website for your own personal non-commercial use which means that you may not sell or copy this information to any third party without prior written consent. ISSN 1358-183X

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