Club Mulgoa

Monday, November 15, 2010

SIH and BSR

How do you value a gold miner? One went up and the other went down.

I topped up SIH at 17c on 4th Oct 2010 to see it rise to 25c today. But I also note that BSR is my poorest performing African gold miner so I topped up last week at 21.5c to see fall further today to 20c. So if I have spare cash, where would I put it in?

Both had been announcing good reports.

EKMO has been falling too in spite of decent news recently. Today, at an earlier bid price of 31.5c, I collected more stock... to see fall to 28.

Like many of my stocks, I will continue to keep them and hope to see a revival. Of course, both SIH and EKMO have risen a lot recently. So with EKMO, it could be just a correctly. I hope!

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