STOCKS NEWS EUROPE-Rambler Metals up on Red Hot highlight
Shares in Rambler Metals (RMM.L) rise by more than 13 percent along with other miners benefiting from higher gold and copper prices and after retail investor tip sheet Red Hot Penny Shares highlights that Rambler Metals' Ming mine should go into production by the end of 2010. [GOL/]
"It's on the back of a tip off in the private investor magazine Red Hot Penny Shares," says Asa Bridle, an analyst with Seymour Pierce. "Private clients are acting on the back of advice there, as they have recommended it as a 'Buy'."
"The fundamentals are strong for these guys, copper prices are holding on well and gold prices are doing well, so it's a nicely placed stock," Bridle says.
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