GBU
GABRIEL RESOURCES $5.84 (Toronto symbol GBU; SI Rating: Speculative) (416-955-9200; www.gabrielresources.com; Shares outstanding: 342.6 million; Market cap: $2.0 billion; No dividends paid) jumped 30% in September after a committee of members of several Romanian government ministries confirmed that the environmental-permitting process for Gabriel’s Rosia Montana gold project will continue.
The environmental-impact assessment will likely take three to six months, and will …read more »
GABRIEL RESOURCES $4.93 (Toronto symbol GBU; SI Rating: Speculative) (416-955-9200; www.gabrielresources.com; Shares outstanding: 341.0 million; Market cap: $1.7 billion; No dividends paid) and EUROPEAN GOLDFIELDS $7.13 (Toronto symbol EGU; SI Rating: Speculative) (44 (20) 7408 9534; www.egoldfields.com; Shares outstanding: 182.4 million; Market cap: $1.3 billion; No dividends paid) have both received good news about their development projects in Romania. Both …read more »
GABRIEL RESOURCES $4.95 (Toronto symbol GBU; SI Rating: Speculative) (416-955-9200; www.gabrielresources.com; Shares outstanding: 341.0 million; Market cap: $1.7 billion) is up almost 30% since early June after Romania’s supreme court ordered the country’s environment ministry to award approvals for the company’s Cetate and Corna dams. The dams are necessary for Gabriel’s Rosia Montana project.
The decision regarding the dams is a …read more »
GABRIEL RESOURCES $3.51 (Toronto symbol GBU; SI Rating: Speculative) (416-955-9200; www.gabrielresources.com; Shares outstanding: 307.3 million; Market cap: $1.1 billion) shot up over 30% recently after it added a new investor with experience in permitting and building large industrial projects in Romania. That’s where Gabriel’s 80.23%-owned Rosia Montana project is located.
BSG Capital Markets is investing $67.5 million in Gabriel for a …read more »
EUROPEAN GOLDFIELDS $5.06 (Toronto symbol EGU; SI Rating: Speculative) (44 (20) 7408 9534; www.egoldfields.com; Shares outstanding: 179.3 million; Market cap: $907.0 million) owns properties in Greece and Romania. The company is headquartered in the UK.
European Goldfields holds a 65% interest in Hellas Gold. Hellas owns three gold and base metal deposits in Northern Greece. The deposits are the Stratoni zinc/ …read more »
RESTORATION HARDWARE INC. $6.91 (Nasdaq symbol RSTO; SI Rating: Extra risk) (415-924-1005; www.restorationhardware.com; Shares outstanding: 38.9 million; Market cap: $269.0 million) has agreed to give Sears Holdings, symbol SHLD on Nasdaq, access to its financial data. Sears has said it’s prepared to offer $6.75 a share in cash for each Restoration share if an analysis of the data is positive. …read more »
GABRIEL RESOURCES $2.26 (Toronto symbol GBU; SI Rating: Speculative) (416- 955-9200; www.gabrielresources.com; Shares outstanding: 254.8 million; Market cap: $576.0 million) now faces a court challenge to its 80%-held Rosia Montana gold project in Romania. As a result, the Romanian government has suspended the environmental review process for the project.
Gabriel has obtained legal opinions to support its view that the court …read more »
EUROPEAN GOLDFIELDS $5.22 (Toronto symbol EGU; SI Rating: Speculative) (44 (20) 7408 9534; www.egoldfields.com; Shares outstanding: 178.3 million; Market cap: $930.7 million) owns properties in Greece and Romania. The company is headquartered in the UK.
European Goldfields holds a 95% interest in Hellas Gold, after its recent purchase of an additional 30% interest. Hellas owns three gold and base metal deposits …read more »
GABRIEL RESOURCES $4.88 (Toronto symbol GBU; SI Rating: Speculative) (416- 955-9200; www.gabrielresources.com; Shares outstanding: 210.9 million; Market cap: $1.0 billion) reached a new high of $5.45 recently after it received the official list of questions from the Romanian Ministry of Environment and Water Management relating to its proposed Rosia Montana gold project. In keeping with the process prescribed by Romanian …read more »
