The time has come to strike it lucky

Article Abstract:

The Australian company Queensland Opals may provide a good opportunity for investors. Queensland Opals has acquired Opal Mining and Exploration and has also acquired various assets of Opalcorp, which has a Vietnamese jewelry factory and 15 Australian retail shops. Queensland Opals goal is to create a vertically integrated company that mines opals and then manufacturers and sells jewelry. Current stock prices are low considering how well the company can perform if it meets management's expectations.

Author: Haselhurst, David
Forecasts and trends, Investment analysis, Securities analysis, Opals

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Silver threads and golden prospects

Article Abstract:

East Coast Minerals offers a good investment opportunity. Options have sold in Jun 1999 for as low as 15 cents per share. Income from the company's rich silver mines may bring their value to between 43 cents and $1.20 per share over 12 months. Conservative projections of ore mining and shipments make East Coast Minerals an attractive investment.

Author: Haselhurst, David
Analysis, Portfolio management

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The sands of the Pharaohs

Article Abstract:

Prospecting company Centamin Egypt has completed a pre-feasibility study for an operation to produce minerals near Alexandria, Egypt and has established a resource of 31.53 mil tonnes of gold elsewhere in Egypt. It has applied for listing on the Alexandria and Cairo Stock Exchanges, which would make it Egypt's only listed gold company.

Author: Haselhurst, David
Finance, Centamin Egypt Ltd.

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Subjects list: Australia, Investments, Mining industry
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