MoneyWeek4 Apr 2009 12:50
yesterday...4 pg feature on "Why Investors should join the next big gold rush"
pg 26 European Goldfields tipped
"EGU is developing various properties in Greece and Romania. It has no debt although it will have to raise some money later this year. Management is solid and its mines are economic, even at lower metal prices. The group has some cash flow now but by 2011 four mines should be in production with, if all goes to plan, 500,000 ounces a year of gold and four million ounces of silver, aswell as significan amounts of copper, lead and zinc. Buy below $3 or at £1.65."