Club Mulgoa

Tuesday, February 18, 2014

GOR

It was very promising.  It discovered a new gold belt east of Kalgoorlie with lots of journalists writing about it, too.  Then when POG fell and credit becomes harder to obtain for miners, the share price also fell.  It fell badly.  But it continued to find more gold but not spectacularly so.

Today, it has risen to come very close to my average buying price.  So if I had practised what I normally do, I would have done very well with this stock!  My strategy has always been to top up with repeated good news when no one wants the stock.  But then I don't have a lot of spare cash!

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