Re: Real Gold Mining IPO in Hong Kong tonight

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statesidereport

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Re: Real Gold Mining IPO in Hong Kong tonight

in response to

Real Gold Mining IPO in Hong Kong tonight

statesidereport

posted on Feb 22, 2009 04:39PM

A few more notes on the IPO:

IPO retail portion was 67 times over subscribed and was the first IPO in any sector to be priced at the high end of the range in over one year. At least the Asians understand that gold is in a bull market. Too bad the Americans and Canadians are waiting for a big drop.