On tonight’s MAD MONEY on CNBC, Jim Cramer said he’s looking at some very speculative names. He’s looking at Golden Star Resources (GSS-NYSE) as the way to play the CNBC challenge as a gold miner that operates in South Africa and South America. Its flagship mine is in Ghana that is building a new sulfide processing plant. They have to be able to get the plant up and running for it to be profitable. He thinks this one can win, and he thinks the plant has a shot at coming online soon. Once that plant is up and runnin it might even make a good takeover candidate.
Jon C. Ogg
May 4, 2007
Jon Ogg can be reached at jonogg@247wallst.com; he does not own securities in the companies he covers.
