Club Mulgoa

Friday, January 28, 2011

VOR

Yesterday, in the midst of ASX downward spiral, I had one bright spark. This saved me from a more severe drubbing yesterday. VOR explained its >50% on Friday by stating that its drilling program is yielding good results. Let us see what happens on Monday! Someone from Hong Kong must liked its Mongolian story.

I bought at around 2c in Sept 2010 and the rise yesterday was 3.3c to 9.1c a share. That is sweet! While on Monday I expect a fall back to earth, long term I expect a bigger rise. Its exploration ground is next door to China. And so far, it has been good news after good news.

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