By Tom Winnifrith | Wednesday 14 November 2012
Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
I tipped Cluff Gold (CLF) in September 2011 at 96p on t1ps.com, the website I founded in 2000 and left three months ago. Like most AIM listed gold shares Cluff has taken a beating and the stock closed at 58.5p today after the release of third quarter numbers. To reflect a change of leadership the company has now changed its name to Amara Mining (AMA). That seems like a bit of wasteful corporate PR willy-waving to me but, ignoring that, it seems to me that the fundamentals look increasingly attractive for Cluff, sorry Amara, and that this is not reflected in the stock price. Here is why.
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