Club Mulgoa

Sunday, February 19, 2012

NYO

With so much gold... in Ethiopia and a good score when drilling, you wonder why the share price is falling.

http://www.theaustralian.com.au/business/opinion/middle-east-troubles-help-fire-up-interest-in-local-phosphate/story-e6frg9ex-1226275137449

Much of RB's article is on phosphate but there is a far bit on Africa. I am pretty sure that Chinese companies will mop up more Aussie ones which are only interested in short-term gains. China is the largest gold producer in the world but the consumption is high too.

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