Club Mulgoa

Tuesday, September 13, 2011

KMC

Wow! It has fallen by more than 10% since I bought my first parcel last week. Today, I picked up my 2nd parcel at 10.5c. The ASX has turned... down this arvo.

Look at the figures. POG is hovering over USD1800 per oz and AUD has fallen below USD1.03. KMC is generating a lot of revenue from gold. If history repeats itself (like for LSA), then I am likely to buy another parcel but I will have to beg for spare cash from my wife!

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