Club Mulgoa

Tuesday, March 13, 2012

AZH

One drilling site result is very good and the other one is mediocre. The share price plunged by more than 12c from 87c today. So I went to top up one portfolio to give it a rounder number at 76.5c.

Someone at AZH is selling its holding. Notice "its" to imply an animal. I love it when an investor is dumping.

I cannot understand why. The numbers are not awful although gold is not the flavour at the moment. However at >USD$1670 per oz, the POG is still profitable for a lot of miners on the ASX.

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