Club Mulgoa

Monday, October 11, 2010

ELM

I never anticipated that ELM would jump to 96c from 35c. This is luck. There is nothing in the news or announcement to explain it. I would have been happy with 15-20%.

But EKM has good news and the share price of EKMO fell! DRA has good grades and the share price lingers.

There is sometimes no logic to how the market behaves. And I have a big worry when my portfolio has risen so far ahead. There is too much irrationality.

But I do like it when AMX goes up... because of good grades with infill results. I can understand logic.

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