Club Mulgoa

Tuesday, January 28, 2014

AVB and RRS

Just when I noticed how crazy the market is for selling off AVB when it announced a drilling result of 50+ metres of 3+% of Cu, it was perhaps a bit too late.  Today, someone with similar thought went in to buy AVB but at a higher price.  I will still leave my bid at 6.4c.

And I put in a bid for 2.1c for RRS based on the fact that BHP is entering into a exploratory phase in the Caribbean area for oil.  A little Aussie is already there!

Our market trend is heavily influenced by Wall Street.  I will just sit back and wait for my parcels as often the memory fades and people start doing silly things again by selling off stocks that they should accumulate.

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