BellPotter a bull on Santana's Bendigo gold prospect

BellPotter a bull on Santana's Bendigo gold prospect
The opulence of the post office in the tiny Central Otago town of Ophir says something about the effect of the 1880s gold rush. (Image: Pattrick Smellie)
Pattrick Smellie
Australian broking firm Bell Potter is touting Central Otago gold mining prospect Santana Minerals as a potential takeover target and has raised its target share price for the company to A$1.80 ($1.93).Shares in the company, which is ASX-listed, have had a strong run-up since the company released a presentation last week highlighting what may represent the largest gold discovery in New Zealand in four decades.The shares were trading at A$1.31 on Tuesday afternoon on the ASX, having traded as high as A$1.34 when trading opened. The shares w...

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