Club Mulgoa

Friday, December 17, 2010

ABU

http://www.proactiveinvestors.com.au/companies/news/12507/abm-resources-step-out-drilling-extends-mineralisation-at-buccaneer-gold-prospect-12507.html

Why did the share price fall when it found extension to its gold discovery? Inshallah! For me, it is like a red rag for topping up. Fools don't want ABU (grades too low?) and I am always on the lookout for idiotic sellers. David Tweed gets his cheap shares from gullible shareholders and I get cheap shares from dumb investors who sell WILLINGLY and KNOWINGLY... and FOOLISHLY.

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