Club Mulgoa

Wednesday, November 22, 2017

SGQ

Once, when the market went crazy with the resource stocks, I had 26 stocks that jumped over 100%.  That was mania.  Today, even with proven resources I would be lucky to see it jump 10%.

And sometimes, it is very delayed before you see a real interest in a stock.  Today it is SGQ's turn.  For a long time, it has been bragging about its nickel resources.  Even after finding a big lode, it moved a bit.  Today, someone must know what those good announcements mean.  My holding in SGQ has gone up by nearly 3 times.

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