Interesting article in today's The Australian "St. Barbara whacked amid gold worries" which talks about the drop in St Barbra's share price due to reduced output forecasts for the next three years. The article goes on to say that St Barbara as well as many Australian gold producers are in desperate need of acquisitions as they are all suffering from short mine lives with many mines only viable for the next few years. Things might heat up in our neck of the woods sooner rather than later.
NML Price at posting:
9.7¢ Sentiment: Buy Disclosure: Held
