November 24 2010 Telegraph News Article
Article from the Britain's Telegraph - dated today.
https://www.telegraph.co.uk/finance/markets/questor/8154965/Questor-share-tip-European-Goldfields-close-to-receiving-mining-permits.html
Questor share tip: European Goldfields close to receiving mining permits
European Goldfields appears to be in the final stages of becoming a major goldproducer – should it receive the permits for its mines. Questor says buy.
By Garry White7:00AM GMT 24 Nov 2010
European Goldfields
884p +19
Questor says BUY
This was the reason Questor recommended the shares in March this year, butnoted that it should be regarded as a speculative investment. As the marketanticipated that permits would be granted the shares have since jumped by124pc.
The company recently issued its third-quarter results, in which it posted apre-tax loss of $2.7m (£1.7m). However, these results are not a determinantof the group's future share-price performance. It's all about receiving thefinal permits for its gold mines and then delivering on production