10000 to 4crs in 18 months 1000rs to 50crs 300% returns 75% promoter holdings A 50 bagger A sureshot 5 bagger Analysis Another fraud? Auto ancillaries Bank sector Blind sell Brand plays Broking Bse Nse Buy calls cements Ceramics/tiles Counters I don't like Debt free businesses Delisting candidates demerger bets Disclosure- I own them Domestic consumption plays E-Commerce pick Education Exit at rallies Famous analysts Famous stocks FMCG Footwear future multibaggers Gems andJewellery Hidden gems High conviction ideas High dividend plays High potential small caps High ROE stocks Holding companies Hotel sector How they looted you.. Indian stock market Infrastructure sector Interesting Microcaps IT KPO Landbank plays largecap ideas Less than 5 PE stocks Liquor Logistics Market lessons Market outlook for 2013 and 2014 Market underperformers Meeting with the CEO Metals Monopoly businesses My 5 baggers My Favourite counters My paid stock recommendations My stock picking techniques nse bse tips Oil exploration Operator calls Paints Penny stock outlook penny stock updates Pharma sector Poultry stocks PSU Publicity freaks Real estate Renewable energy plays Safe bets Sell recommendations Share market Live shipping stocks short term call SOTP plays stock tips stock under 10rs Stocks to watch out for Strong bonus candidates Takeover candidates TATA product tea Textiles The 13 bagger The 45 bagger Trading companies Transformers Turnaround bets Tyres Uncertain/Risky business models Unique businesses

Search This Blog(Over 800 companies covered in the blog).

Archives : Old artciles

Sunday, November 25, 2007

Deccan Gold Mines:A real goldmine for you

Deccan gold mines was suggested by me several times over the last 2 years.As i always say patience pays that got vindicated again.Deccan gold from 12 since my recomendation on march 07 closed at 50rs on this friday itself.So another 4 bagger,make it an investment free asset.

ScripScan=Deccan Gold Mines

Exploration History=Exploration for gold gained momentum over the last 50 years when the GSI mapped and prospected many of the greenstone belts where extensive gold mining activity was observed. Such exploration resulted in identifying a number of areas where small and medium size gold deposits exist. Deccan Gold has made applications over several such areas which will be intensively explored upon grant of prospecting-licences to the company

Introduction:Deccan Gold Mines is engaged into the business of gold mining and gold exploration.This company has been promoted by Australian investors through a Mauritius subsidiary, where the promoters hold about 70% stake.As of now,DGM is yet to show any zero revenues and at Rs 80 crore marketcap,the company may look to be highly expensive but It is sitting on some of the most prospective blocks in the country and in case they strike gold, this Rs 80 crore of marketcap will look too small.Deccan gold has got close to about 10,000 square kilometer of blocks in different states like Karnataka, Andhra Pradesh, Rajasthan and Kerala. The company has also done a lot of exploration for the past four years and has received encouraging results from its blocks in Karnataka, particularly the Hutti block and the Shimoga belt block.

Prospects=The prospects for gold mining in India are very strong based on the following criteria:-

Ancient gold mining activity
Geological environment
Exploration history
Modern exploration

Conclusion=India produces just 3 tonne of gold per annum as compared to 300 tonne, produced by Australia. So there is a huge unexplored potential in the sector. And with Deccan Gold being one of the first players, sitting on the most probable blocks, has got a first mover advantage.Gold mining business is just like the oil exploration business, where there is a high degree of uncertainty involved. Nobody knows whether the amount that is being spent for the exploration process will really yield any results or will have to be written off.But these company is something which can yield windfalls of gains in the long run.At 12 rs its a safe enough scrip to mint money.

I can be reached

No comments:

Important Disclaimer&Privacy policy

This blog does not share personal information with third parties nor do we store any information about your visit to this blog other than to analyze and optimize your content and reading experience through the use of cookies.You can turn off the use of cookies at anytime by changing your specific browser settings.This privacy policy is subject to change without notice and was last updated on 20.3.2013. If you have any questions, feel free to contact me directly here: Investment in equity shares has its own risks.Sincere efforts have been made to present the right investment perspective.The information contained herein is based on analysis and up on sources that I consider reliable. I,however,do not vouch for the accuracy or the completeness thereof.This material is for personal information and am not responsible for any loss incurred based upon it & take no responsibility whatsoever for any financial profits or loss which may arise from the recommendations above.The stock price projections shown are not necessarily indicative of future price performance.The information herein, together with all estimates and forecasts, can change without notice.

Subscription to Arunthestocksguru

Enter your email address:

Delivered by FeedBurner