Club Mulgoa

Thursday, December 02, 2010

OBL

http://www.asx.com.au/asxpdf/20101202/pdf/31vbpy5cdbwnmy.pdf

Is that hype or is that real? And if the chance of success is so good, surely the share price won't be so low. This is where you have to sit out and wait for the drilling results. When the price runs, you are too late. If the price falls, it comes down hard. You rely on the experts to give you an opinion yet it sometimes sounds like a hype. Did the company pick the "experts" with the most favourable report? Inshallah! Personally, I like to buy when companies are worth next to nothing. OBL is worth <5c a share and I am still at a loss. Someday soon, I hope to say "It has turned green at last!"

At least MMR, FAR and PCL have made me paper gains.

0 Comments:

Post a Comment

<< Home