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Authoritative Independent Monthly Share Selections Using Technical & Fundamental Analysis

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Secondary Recommendation

Mercator Gold - Second gold discovery

March 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:
  • MCR
  • Price:
  • 9.5p
The shares have risen nearly 20% following the news that Mercator had intersected high-grade gold mineralisation at Surprise, the second of three targets (each considered a potential 500,000 oz gold prospect) situated south of Meekatharra in Western Australia. Mercator considered this good enough to exercise its option to take up a 45% interest under the terms of its Annean joint venture with St Barbara Mines, which has been paid through issuing 20m new shares. With Mercator's drilling program just getting into its stride we expect further significant newsflow in the not too distant future. Keep buying. ...

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Mercator Gold - Explorer strikes gold at first attempt (January 2005)

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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