Working on two resource related plays. One is gold/copper/silver play and the other is gold/copper play, both of those stocks are under 5 bucks and make money. Hopefully I will have the reports done this weekend.
just copy and paste the links in the browser for some reason they sometimes dont show up.
STOCK ALERT - Lingbao Gold sharply higher vs IPO price on Hong Kong debut
HONG KONG, Jan 12, 2006 (XFN-ASIA via COMTEX) -- Chinese gold smelter and producer Lingbao Gold Co (3330.HK) was sharply higher in early trade compared to its initial public offering (IPO) price on its first day of trading in Hong Kong, dealers said.
The stock was at 4.95 hkd from its IPO price of 3.33 hkd. It opened at 4. 80 hkd and moved to a high of 4.975 hkd before falling back.
"The stock price gained sharply as gold prices kept rising and Lingbao received a very positive response from retail investors," Francis Lun, general manager at Fulbright Securities said.
Lun said many investors will lock in quick profits as the stock has gained more than 40 pct, exceeding the market's expectations of a 30 pct gain.
Lingbao Gold's retail tranche of its initial public offering was 731 times subscribed.
The company had set the IPO price at the top end of an earlier indicated range of 2.55-3.33 hkd.
News 
Market Data 
Discover 
AI
