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Authoritative Independent Monthly Share Selections Using Technical & Fundamental Analysis

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Secondary Recommendation

Avocet Mining - Gold play focusing on big reserves’ upgrades to drive shares highe

December 2010

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:
  • AVM
  • Price:
  • 214p
Sometimes a change in strategic direction can quickly unlock the door to spectacular gains and in the case of gold explorer and producer Avocet Mining, whose shares have nearly doubled in the past three months, that is exactly what has been happening. As always, after such a rise the big question is what can it do for an encore but after speaking with its finance director, Mike Norris, over the month we believe there really is a lot more to come. The company, which listed in London in 1996, first came to prominence when it successfully developed the Penjom mine in Malaysia, around 120 km north of the capital, Kuala Lumpur, in an area of historic alluvial mining. This ultimately became the country's biggest gold mine, regularly pro ...

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Avocet Mining (August 2012)
Avocet Mining - Aiming to triple gold production to 500,000 oz by 2015 (March 2012)
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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.

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