Thursday, July 12, 2007

It is a sad day for ELD share holder

This morning I leared that one the ELD gold mine in Turkey had to be shut down due to the court ruling in 30 days. When I got to office, the internet was down so I could not sell it in time. When I got to be connected, ELD was down 30%, the biggest in its history and erased all gain since last year. This is the kind of risk you had to take.

I think it still has downside tommorrow. But since I don't know exactly what is going on there, I would rather hang on for a while.

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