Translated from a German article:

FREE GOLD VENTURES LTD - WKN 882340 - interesting trading opportunity

10 August 2009 21:28

FREE GOLD VENTURES LTD - WKN 882340 - interesting trading opportunity

The analysts from the trader would report a first very speculative Trading position in the shares of FREE GOLD VENTURES LTD WKN 882340 with the max. 0,09 € aufbauen. € 0.09 build.

It was the typical order very well apparent. First, investors pounced on the "big players" in the industry. Rio Tinto, BHP Billiton, Xstrata and Anglo American were also once more excellent price gains. Then the company from the second and third series of increasingly in demand. It should also soon be hunting down the smaller businesses from the fourth series to be opened. Interesting here is that some companies already in the last few trading days have done precisely that. Especially the former high flyers, such as Globex Mining, Thompson Creek, Bravo Venture Group, Forsys Metal can be mentioned. From the illustrious line of former stock market stars still lacking a company that this movement has not yet completed. This is actually the news of recent days and the fundamental valuation for an early rise in share prices.

FREE GOLD VENTURES LTD is in possession of some very interesting exploration areas. In recent years, the money collected in a very promising raw material projects. Due to the decrease in precious metal prices in recent months, the company dm liquidity expected. Short term cash shortage could through a private placement to be removed. The company will be approximately Can $ 450,000 of fresh capital. The fact that there are yet no project can be implemented should be clear to everyone. It is interesting now following speculation. Thus, some other smaller mining companies by the boom in the years 2006-2007 still have significant cash reserves. This could not acquire lucrative commodity projects, because it simply no longer existed. Now in Canada speculated that there might be a takeover or a merger between FREE GOLD VENTURES and another company could come. There are also already named, we currently do not publish, because it's only rumors, which we still could not verify. In principle, such an approach would make sense. It would help both companies and would not be the first time that there is such a "Zweckzusammenschlüße" has come. Taking a couple of riskreductions worth 30% due to the very thin capital base that we arestill fundamental to a fair valued at € 0.12 per share.

The share price has increased in recent weeks, a very nice price floor between 0,065-0,075 € trained. The smooth solid capital in recent days clearly shows that, at the current price level real buying interest for some investors predominates. We're watching a high technical chart upside potential in the coming weeks. The share price starts slowly momentum and has already set up the 38 days moving average crossed. Following it came in the past to a very large price movement. This could be the share price relatively quickly in the region of course bring 0,10-0,12 €. There could be a first course consolidation. The quick sale at the beginning of the year 2008 opened yet another upside potential to the range of 0,15-0,20 €. It have to this time, many shareholders of their shares separately. If this renewed interest in the company can find, may bethe whole picture completely reversed and lead to severeKursausschlägen. We set our first technical chart price target at € 0.15 at.

The analysts from the trader would report afirst very speculative trading position in shares of FREE GOLD VENTURESLTD WKN 882340 with the max. 0,09 € eingehen. € 0.09 received. Save your long position necessarily stop with an individual limit of € 0.07 on closing basis. We see significant upside potential, as in the case of mergers or takeover has a nice premium to be paid. The fundamental fair value is around € 0.12. . An increase of only 20-25% would be a price level of € 0,14-0,15 mean. We currently see an interesting opportunity / risk ratio with high profit opportunities in this trade. This is but a potential total loss opposite. If there is no merger, it allows the company very quickly the money out and that would require a bankruptcy inevitably make.

http://www.be24.at/blog/entry/626704/freegold-ventures-ltd-wkn-882340-interessante-tradingmoeglichkeit