Club Mulgoa

Thursday, April 28, 2011

SIH

While AUD is climbing up against other currencies, at least the price of gold is going up as well... but not as fast. What is beyond comprehension is why are gold miners tumbling?

SIH has decent gold in Indonesia and uncovering more as it drills, yet its share price has stagnant. Today, it has a fund manager accumulating its share. But there are so many idiotic sellers! These are idiots because there is no bad news. I can understand why PIR fell but SIH?

Don't get me wrong. I love this type of sellers! I have no need to sell under pressure.

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