Club Mulgoa

Monday, January 24, 2011

ERN

Today ERN made a good announcement. But because gold is not the current flavour, the share price went down. The other risky factor is of course, Congo. This is Tarzan territory. He won't survive these days because the Africans now carry AK-47s.

No spare cash at the moment but this one has flown below the radar at even Hotcopper. It is simply fascinating how some Aussies surface in the most exotic tenements! I am currently at a loss with ERN and that is the other reason for wanting to top up. Don't touch or consider this stock unless you want a roller coaster ride to oblivion or El Dorado.

I bought it because I saw an announcement in the ASX regarding a new tenement in Congo.

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