Seeking Alpha

Proactive Investor's  Instablog

Proactive Investor
Send Message
Proactiveinvestors is a leading multimedia news organization, investor portal and events management business with offices in New York, Sydney, Toronto and London. Proactiveinvestors operates five financial websites in four languages providing breaking news, comment and analysis on hundreds of... More
My company:
Proactiveinvestors
My blog:
Proactiveinvestors
  • Elemental Minerals Shares Spike 50% So Far In May 0 comments
    May 9, 2014 1:00 AM

    Elemental Minerals (ASX:ELM) surged to an intraday high of $0.245 yesterday, from $0.165 on the 1st of May.

    On Tuesday, almost 4 million shares changed hands, the highest volume on the stock since 2012.

    And on Wednesday, the company released an exploration target for the Hangingwall Seam at its Dougou Prospect, part of the Sintoukola Potash Project in the Republic of Congo.

    Impressive numbers came in at1 to 1.4 billion tonnes grading between 23% and 25% potassium chloride, with an average thickness of 9.3 metres.

    Hong Kong Exchange listed Dingyi Group Investment recently launched takeover offer at $0.66 cash per Elemental share, however this was unable to be completed due to regulatory difficulties.

    Proactive Investors Australia is the market leader in producing news, articles and research reports on ASX "Small and Mid-cap" stocks with distribution in Australia, UK, North America and Hong Kong / China.

Back To Proactive Investor's Instablog HomePage »

Instablogs are blogs which are instantly set up and networked within the Seeking Alpha community. Instablog posts are not selected, edited or screened by Seeking Alpha editors, in contrast to contributors' articles.

Comments (0)
Track new comments
Be the first to comment
Full index of posts »
Latest Followers

StockTalks

More »

Latest Comments


Posts by Themes
Instablogs are Seeking Alpha's free blogging platform customized for finance, with instant set up and exposure to millions of readers interested in the financial markets. Publish your own instablog in minutes.