Club Mulgoa

Tuesday, February 18, 2014

NST

The best and most astute management of all the small mining stocks that I hold at the moment.  They bought just within the last 2 months, small operations of big gold producers at rock bottom price... and then the POG went up since.

Like the first mine, it was bought because the previous owner thought there was next to nothing left and NST found more gold.

Today, it found more good quality veins of gold so I expect the share price to climb further.  I have put in a small SPP on Monday because only $15 million will be raised by SPP so I am unlikely to get $15000 worth and I don't want to tie that kind of money down for a month.

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