Club Mulgoa

Friday, October 29, 2010

EKMO

The CEO has been screaming loudly that the company has found a new area of gold. Minesite's Man in Oz has written a long article on this company, too. And further announcements at the ASX confirmed the new zone. Yet people were slow at jumping on the band wagon.

EKMO, the option, has gone from 5.8c to 16c in one month. I daren't top up because it has been rising so fast! Wish I had more cash at that time :-( Imagine you buy a house for 580,000 dollars and in a month you sell it for 1.6 million dollars. My readers might comprehend this comparison. Your spouse and lovers would be very happy.

And note that in EKM's presentation, AZX was shown to be cheaper so I bought it too. The options, AZXOA, has only gone up by a mere 20% in one month.

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