Jump to content

European Goldfields and Qatar Holding


Recommended Posts

Interesting to see Qatar Holding investing a serious amount of money into European Goldfields - the total investment (£1/2B) is around 1/2 of the market cap. here


It reminds me of the 2008 rescue of Barclays by Qatar Holding - they bought around 15% of the bank, and sold much of it 12 months later for around double the price*.


But where is the similarity - are they investing in "poor old battered" Greece... Or are they investing in the "massively underpriced" gold miner market?


*IIRC, Barclays proceeded to plummet immediately after the purchase, and only recovered back to the purchase price in early 2009...

Link to comment
Share on other sites


This topic is now archived and is closed to further replies.

  • Create New...