Club Mulgoa

Tuesday, October 23, 2012

MKE

Many moons ago, I bought into MKE due to its holdings in Canada.  If no production or good drilling result is announced, then it is bad news for any stocks.  And this is what happened to MKE.  So it fell consistently.

However it received a speeding ticket from the ASX today to account for its massive price spike.  I am back to where I started...

A lot has to do with nearology.  If the big boys are interested in neighbouring tenements, then you can expect it to jump, too.  Well, I keep my fingers crossed.

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