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MT ISA METALS LIMITED (ASX:MET) - burkina faso gold announcement, 6818351, page-6 - HotCopper | ASX Share Prices, Stock Market & Share Trading Forum
MET
Click for more information
0.00% 39.0¢ mt isa metals limited

DGR seems to be a great way to get into multiple stocks, not...

  1. NightStalker
    5,726 Posts.
    lightbulb Created with Sketch. 5
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    19/06/10
    09:03
    Post #: 6818351
    DGR seems to be a great way to get into multiple stocks, not least of which is Mt Isa Metals (MET). See their announcement yesterday re the gold in Burkina Faso, and the resulting buy-side build up for DGR and the price jump in DGR.

    DGR has Nick Mathers as one of its founders - of Arrow Energy fame. And I gather he is quietly sinking a lot of moolah into this. The company is not only a gold exploration company but also a holding company for multiple other resource companies. They hold, for example, 50 million shares, or 48.1%, of Mt Isa Metals.

    Check out the website at:

    http://www.daguilar.com.au/index.html

    The company is also into molybdenum (much sought after), nickel, cobalt, iron ore, and uranium.

    They have a lot of bases covered, and would be a good way to hold interests in diversified resources.

    And the best bit - the shares are only 4.6 cents each, so one could buy a lot of them and just sit them in the drawer to stew for a few years.

    Disclaimer: I hold DGR. Usual DYOR etc.
    MET Price at posting: 15.5¢ Sentiment: LT Buy Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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