Club Mulgoa

Monday, August 06, 2012

ABU

Another good announcement, yet the rise in share price does not match.  It is true that the gold are in veins and not a big solid deposit.  But with such good grade and consistent reporting, it is still beyond my understanding why this stock has not run up.

3 Comments:

Blogger Shakeyone said...

This comment has been removed by the author.

6:55 AM  
Blogger Shakeyone said...

Have topped ABU up a couple of times recently. Current JORC already looks like a bargain and these last 2 good announcements are extensions/new areas so hopefully will result in much bigger reserves.

GTE has been quiet and drifting slowly down. Lovely announcement today has it jumping back to my buy price.

CTP has a big chunk of my TT portfolio. Major boardroom dramas hopefully over now and can concentrate on oil rather than turmoil.

6:56 AM  
Blogger Club Mulgoa said...

I have 'big' holdings in GTE, ABU and CTP because they used to be extremely cheap. But while they had risen, they have drifted downwards again in spite of good announcements.

1:03 PM  

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