Africa glitters for prospector

Article Abstract:

Tanganyika Gold, an Australian gold mining stock, is finally paying off for investors who since 1995 waited out their reward in the form of drill results announced Dec 1996 that drove the recommended buy up to 45 cents. As of Mar 1997 Tanganyika, formerly Claim Minerals, was up to 36 cents a share. However, investors should consider the location of the mines in the politically uncertain Tanzania.

User Contributions:

Comment about this article or add new information about this topic:

Comment:  (50-4000 characters)

Name:

E-mail:

Security Code:

Woolworths: brokers say buy the store

Article Abstract:

Brokerage firms are rating Woolworths Limited retailers a buy even though it is trading at $4.02, about 17.2 times it's price-earnings ratio. The retailer has be steadily increasing in share price since is low during most of 1996. The company is expanding with 29 new stores opening in 1997 and plans to refurbish existing stores within the next five years.

User Contributions:

Comment about this article or add new information about this topic:

Comment:  (50-4000 characters)

Name:

E-mail:

Security Code:

Opportunity goes begging in the bush

Article Abstract:

Australian rural industries are world-competitive, however fund managers and trustees are not willing to invest. Rural industries are desperately looking for investors especially collective capital in order to create aggregate entities for cost-efficient transactions. Investors ae leary of the long-term nature of the investment.

User Contributions:

Comment about this article or add new information about this topic:

Comment:  (50-4000 characters)

Name:

E-mail:

Security Code: