Club Mulgoa

Wednesday, February 01, 2012

PIROA

I never understand why idiots sometimes sell off this stock. It has been consistently producing good discoveries of gold. And then today, another great announcement... but I think it is infill drilling results. Still it confirms that it is less likely to be sampling error or just a thin vein of gold.

Yet if you follow this stock, in a few days' time, after a rise today, it will drift downwards until market sentiment or further good announcement pushes up the price.

I bought the options, hence, my gain is even more spectacular. But for novices, beware. Options can be a financial disaster, too if you don't understand them.

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