Glencar is a Dublin-based exploration company with a focus on exploration and development of gold deposits in Africa. Glencar has found major gold deposits in Ghana, West Africa in both the 1980s and in the 1990s. The company has operations in Mali and Ghana in West Africa, in Uganda in East Africa and in Ireland.

http://www.glencarmining.ie/

Tipped in the Investor's Chronicle today.



robbi123 - 11 May'07 - 00:18 - 1965 of 1968 edit


Great webcast, just listened to it and it fills me with more confidence.

tsmith - I think he did say it was commercial, but the idea was to prove up the resource. There is no doubt that Komana will be sold on and I wouldnt be surprised to see a line of potential suitors. I cant remember the name of the project he said, but at the time it was sold on, the resource was roughly 600k oz's, but has produced 6million since. GEX clearly have a phenomenal track record for exploration and identifying these targets.

2007/8 will be a MASSIVE couple of years for this company, and I think the days of 12p will be long gone by then. Rough calculations for Komana alone justify a price of at least double from here imo, and that is for a 3mil oz resource. If indeed it was 5mil, then we would be looking very healthy indeed. Looking ahead, I couldnt see myself selling even if Komana was sold, as I believe the other prospects have excellent potential indeed. Maybe there would be a return to shareholders if the Komana asset were to be sold?

Just thinking out loud again :)

Juniors ready for a very sharp move up ? Gold juniors look like the favourite !

February 05, 2009
Why Juniors?, Why Now? - Analysis of the Canadian CDNX Index...
by Clive Maund

http://www.safehaven.com/article-12521.htm

The charts speak volumes !!

walden - we are probably the only gold junior that hasnt had a rally yet. Im waiting for the herd to finally realise that GEX is probably a much better investment than many of these gold juniors. Resource of 1.3mil oz (minimum) an ongoing projects with possible joint ventures in the offiing make this a great play at these levels. Only a matter of time before we move higher IMO

Major volume on this move up over the last couple of days.

New article, Click HERE

New article re takeover offer;

Click HERE

guys mercator gold/MCR news just out.acquisition.