Club Mulgoa

Friday, December 03, 2010

MMR and RMR

The drilling rig for MMR is delayed by 6 days, and the market marked down the share price of MMR. You really wonder who are these absolute idiots who sold just because of that minor delay.

RMR's drilling is also delayed/affected by a hurricane and maybe the result is not up to expectation so the market also marked it down. But read ASX Guru's opinion and the note from RB.

http://asxguru.com.au/2010/12/

http://www.theaustralian.com.au/business/mining-energy/a-handful-to-reap-rare-earths-boom/story-e6frg9ex-1225965133126



Pity I don't have spare money to mop them up! I cannot get enough of idiotic sellers. While they lower the value of my stocks, in the long run, they are invaluable to me.

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