Club Mulgoa

Friday, July 15, 2011

KGD

I once read an article on how to pick a stock to invest when it floats. This one hit all the right notes. But at $1.80, it has been a gradual fall. That is not warranted.

http://imagesignal.comsec.com.au/asxdata/20110608/pdf/01187541.pdf

When you look at its drilling results, you wonder what the market to doing to a good gold producer. I have already topped up once. And if it continues to fall, this is NOT a stock to sell but accumulate while idiotic sellers are dumping their shares.

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