Club Mulgoa

Saturday, March 19, 2011

goro

Our Man in Oz has spoken. What surprised me was GOR has gone up a little with the good announcement of its resource at one spot but the options went down. The options slip to 32c while the ordinary share went to 42c. The options expired in June 2011 at 6c each. Do the arithmetic yourself and you can see the value.

So I have attempted to buy all the 33c options that are available. First bought at 5.8c in Sept 2010, and topped up at 31c two months later. It keeps discovery gold veins but the market does not like this stock. I do!

0 Comments:

Post a Comment

<< Home