Club Mulgoa

Sunday, March 20, 2011

SIH

I never understand why so few investors want SIH. Good consistent drilling results and steady gold price but the share price has been drifting downwards to 20c. But today, with a 43% rise in JORC resource, the share price leapt to 24.5c. After a few days, it will settle down again but I just don't understand its share price movements, ie the history of it. Because it is in Indonesia?

Anyway, it does not matter to me as I am onto very nice profit out of it, having bought and topped up at much lower price. I would have bought more at 20c but I have to keep my cash handy in turbulent times.

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