Club Mulgoa

Friday, September 02, 2011

SGQ

This is what I consider to be a 'frivolous' stock that I bought on the spur. It was a ProActive Investor recommendation. It is looking for gold in a new area in WA with good hits around it. And BHP is involved in its nickel prospect.

http://www.proactiveinvestors.com.au/companies/news/18301/st-george-mining-to-get-busy-exploring-east-laverton-drilling-to-commence-18301.html

When it offered its rights, most of its shareholders don't want it. I did and I offered to buy a lot more. Because of the short fall, I will be collecting the whole lot I asked for. So, am I stupid and brave or dumb and brave? When it finds gold, then only can I say "neither", just "Calculative and brave". Inshallah!

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