ELMO

On the 13/1/2011, it made a good announcement regarding potash in Congo. Ooops! The option price hardly moved or went down. I bought and when it didn't move, I thought maybe I made a mistake and the grades, while high, were below expectation. See my recent ELMO note.

And then it went into another trading halt... and more good grades were announced this AM. Just before the most recent trading halt, there was a delayed market response. My most recent top up has gone up by >30% and today, when the trading halt is lifted, then the options should also rise in value :-0

Pays to follow the gasman! And if the share price is low today, it is an opportunity to top up for me.... if I have spare cash.