Club Mulgoa

Tuesday, September 06, 2011

KMC

I saw KMC running up on Monday. So I gave it a miss but I still put in a bid at 12c. Today, for a strange reason, the ASX is up but gold stocks are not performers. KMC fell so I picked a small parcel up today. Currently it is at 12.5c so I am still on a little profit!

http://www.theaustralian.com.au/business/wealth/gold-miners-are-sitting-on-a-pretty-penny/story-e6frgac6-1226128337586

RB and I are mates in thoughts. His first stock recommended in the link is KMC. The rest are very familiar because I own them! When you look at what KMC is generating in revenue and what it is worth in market capitalization, you wonder whose brains are fucked. I kept thinking... am I missing something?

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