InvestorsHub Logo
icon url

varmit

10/03/11 6:05 PM

#184550 RE: Mike2211 #184549

FFGO.fear this !!!!!!!
largest gold-mining project in Greece.

"Qatar Holdings have done a systematic and detailed study of the gold sector," said Ken Costa, who put the deal together. "They chose European Goldfields (LSE: EGU.L - news) because [chairman] Martyn Konig is very experienced a 30-year veteran in the gold market."

While Mr Costa would not comment on future likely targets, the Qataris are known to have been focusing in particular on opportunities in Africa and Russia (EUREX: OMXR.EX - news) . The valuation of North American gold (OTC BB: NMGL.OB - news) miners was said to be too high.

The gold price has increased every year for the past 10 years as investor concern about the devaluation of global currencies, particularly the dollar, mounts.

looks lioke nmgl / ffgo are looking actively to sell all ...the entire company and yes that 100 billion cash not easy to come up with ////oatman /bouse /yaba /copperstone /on and on and on