Club Mulgoa

Thursday, January 26, 2012

ARX

Here is another stock where local politics have interfered with its exploration. Locals are protesting and all the government does is to revoke its license to explore. The lesson is miners cannot go into an area without engaging the locals. Politics is like vomitus when you are not nauseated; after you chuck, you often feel better.

ARX will be consigned to history temporarily but that is the 'thrill' of buying stocks in funny country.

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