Springboard into production achieved through joint acquisition of Evander from Harmony Wits Gold (the Company), the Johannesburg-based mining and exploration company, took a giant leap forward on Monday, 30 January 2012, when they announced their joint acquisition of 100% of Harmony’s interest in Evander Gold Mines Limited (‘Evander’), in a 50/50 joint venture with fellow [...]
Argus Metals today reports that they have received the exploration license and title to the other half of their very large uranium project in Guyana – this is a significant turn of events for this company with the Kaitama project being one of the world’s largest, un-drilled uranium targets. This high-impact project’s significance is 3-fold: [...]
Listen Please note at the 20:55 minute mark when I speak of Wits Gold, I was trying to say that the company has about 150 million ounces of gold and presently being valued at only $1-$2 an ounce.
While I don’t think technical analysis is critical in penny stocks, the trading action in GIX of late is very constructive. After a run-up on tremendous volume in 2011 (Point A), followed by cratering back like so many other juniors did in 2011, a marked increase in volume with big blocks crossing is setting us [...]
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