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Ann: January 2011 Pictorial Update , page-10

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  1. LZA
    1,855 Posts.
    l must say that l like boring goldies!
    Ghana is pretty stable, they have power and back up. if they can maintain production and the cash comes in they can pay off loans and look very secure.
    low grades but margin is good and with improvements profit margin should be v good and l note that recent findings have been over 2g which would be v high profit margin.

    then they should be a good t/o target, but would like to see the price move up first.
 
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