Goldman recommendation touches Base

Base Resources, in reply to an ASX query over a price rise from 36¢ to 45.5¢, said Goldman Sachs had initiated research coverage of the company with a “buy” recommendation and a 12-month target of 50¢.

Jan 5, 2011 – 7.36pm

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Base Resources , in reply to an ASX query over a price rise from 36¢ to 45.5¢, said Goldman Sachs had initiated research coverage of the company with a “buy" recommendation and a 12-month target of 50¢.