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Penny Share Review 362
Monday 06 November 2006
Cambridge Mineral Resources (CMR) appeared in today’s Independent, which reported that things are falling into place for the Company, with it drawing a line under previous disappointments with an upbeat statement today (please see below). This noted the acquisition of high-grade gold mines Mina La Linda and Mina del Sol, but the article commented that the share price has a lot of ground to make up. Following this press attention, the share price added 0.75p to reach 3.25p.
The price given above was taken at 10.20 am on 6 November 2006.
Announcements
The following companies, in which City Equities customers may have an interest, released announcements to the market this morning. These can be found by entering the relevant company name or ticker code in the search box on this site.
Cambridge Mineral Resources (CMR): Update on Progress towards gold production in Colombia.
Knowledge Technology (KTS): Change of Advisor.
Mano River Resources (MANA): Joint Venture Update.
Networkers International (NWKI): Hutchinson China Medi Development Agreement.
Supporta (SOR): Acquisition.
Thor Mining (THR): Molyhill Extension of Deposit.
Zyzygy (ZYZ): Increased Nice Tech holding.
Look out for this week
Monday 6 November – UK Manufacturing Output (September).
Tuesday 7 November – UK BRC Retail Sales Monitor (October).
Wednesday 8 November – UK Land Registry house price survey (Q3).
Thursday 9 November – UK Interest Rate Decision. US Weekly Jobless Claim and Michigan consumer sentiment (November).
Friday 10 November – Nothing of note.
The next Penny Share Review will be posted on Monday, 13 November 2006.
Compiled by Chris Richards.
Penny Shares Online - penny shares research and information service.
There is an extra risk of losing money when shares are bought in some smaller companies including 'Penny Shares'. There is a big difference between the buying price and the selling price of these shares. If they have to be sold immediately, you may get back much less than you paid for them or you may have difficulty in selling them. Past performance is not a reliable indicator of future results. The price may change quickly and it may go down as well as up. You could lose every penny put into a particular share.
The information contained above has been compiled from documented sources which are believed to be reliable but, due to their very nature, are subject to a degree of historical inaccuracy and have not been independently verified and cannot be guaranteed. The pages on this website are provided for information only. City Equities Limited will not accept responsibility for loss incurred by any person or body acting, or refraining from acting, as a result of information and/or opinions given anywhere on this website. Issued by City Equities Limited, Aldermary House, 10-15 Queen Street, London, EC4N 1TY. Registered in England. Registered No. 2742847. Registered Address: Amwell House, 19 Amwell Street, Hoddeson, Herts. EN11 8TS. City Equities Limited is Authorised and regulated by the Financial Services Authority. Registration No. 155051.