Tuesday October 25, 2016
Trump ahead by just 3% in Texas screams CBS another rigged poll - but the shy Trumpster effect shows up clearly
AIM Below 1000 Companies and at 12 year low - part 2
Feeling Old - My daughter says "no-one listens to them anyway: was Bono really in U2?"


, ,

Cluff Gold – Takeover Target? Yes. But also a mega buy on fundamentals

Share this article with your comrades in revolutionary capitalism

- Tom Winnifrith

Like most AIM (and in this case also Toronto) listed smaller gold companies the share price of Cluff Gold (CLF) has taken a beating of late – falling by almost 50% to 55p. While many of its peers may have to raise extra cash – hence their share price collapse – Cluff has already completed a placing (at 85p) and is thus fully funded to bring a portfolio of exploration and development projects onstream. Moreover it is already producing and generating cash. On fundamentals it is cheap. But the recent bid by Endeavour for Avion shows that Cluff is also pretty much in play as a bid target. This is a win.win for investors

Read the full article on ADVFN | Comments
comments powered by Disqus

Register here for The Tomograph
Tom's newsletter with original articles and a free share tip of the week, not found on this website.