Club Mulgoa

Sunday, October 03, 2010

The new "West Africa" - Mongolia

Today, a company announced that it is applying for 4 tenements (excluding 1 already approved) and its share price went up by >25%. Note: it only "applied".

I have bought HUN, AKM, GMM and VOR not so long ago. Today, GMM and AKM just gone positive and VOR has leapt. If you feel left out, try HUN. It has been ignored.

Mongolia is going to trouble Australia's trade with China. Its labour cost is lower and there is the big proximity advantage. And the explorers are discovery more and more there.

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