Club Mulgoa

Monday, October 01, 2012

MOY

I read ABU's presentation in 2011 and I noticed that MOY has one of the cheapest EV/Au reserve so I bought it some.  I also liked its presentation at a Proactive Investors Forum but I didn't buy more.  Because I have a lot of different stocks, I cannot follow all of them closely.  But today, it has poured its first gold!  And if you look at its share price... it has jumped 50%.  Nice and sweet.  With any miners, until the mineral/metal is sold, you cannot generate a real profit unless you sell the tenement or get someone rich to pump capital into your stock without dilution.

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