Club Mulgoa

Wednesday, September 29, 2010

ALY

Nearology has always been a great selection tool... especially if it finds gold or any mineral. ALY is next to SFR and its share price has been falling. Around SFR, virtually every tenement has shown a rise in share price. CYS fell when its "anomaly" didn't contain any anomalies!

Today ALY announces more gold find... and the share price was stagnant. This is like a red rag to me, the Bull. There is more drilling to do. SFR's Conductor lodes abut against ALY and should continue into ALY.

How difficult is it to decide whether to buy ALY or not? I just went in straightaway and bought at market price.

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