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We're pleased to provide the updated research report for Manuka Resources (ASX: MKR) with a valuation of $0.99.  As MKR is currently trading at 38.5c, this valuation represents a target return of 157% within 12 months.

Topics: Gold Small Caps Investment Trading, Gold, Recommendations, Mining, Announcement

We're pleased to provide the MKR update just received from Claymore Capital, adviser to MKR since its inception. With Gleneagle's clients having invested in the pre-IPO (15c) and the IPO (20c), we remain excited about MKR's prospects. Please also:

Topics: Gold Small Caps Investment Trading, Gold, Recommendations, Mining, Announcement

Manuka Resources Ltd (ASX: MKR), which we helped IPO at 20c and is now 35c - up 75% since the IPO 2 weeks ago.

Topics: microcap, Gold, Recommendations, Mining

We're pleased to announce that a Gleneagle "House" stock, Manuka Resources Ltd (ASX: MKR) commenced trading on the ASX at 10.30 am this morning. It's current price is 26c (v IPO price of 20c). Gleneagle funded the pre-IPO and a significant part of the $7m IPO.

Topics: microcap, Gold, Recommendations, Mining

The ASX 200 has followed offshore markets higher this morning currently +35.30 pts or 0.58% at 6,112.40.  All three major indices in the U.S posted new highs following from strong ADP employment data and ahead of tonight's Non farm payroll data.  Best performers this morning include  WSA+3.57%, RWC +3.23%, ORE +3.00% and GXY +2.98%. AUDUSD has held ground overnight and is trading at 0.7863 while spot gold recovered to USD $1321.75 per ounce.

Topics: Trading, Market News, Gold

Topics: Trading, Market News, Gold