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AKM

Here's what I said about Aspire last time...

I had it in my diary to look at Aspire Mining (ASX: AKM) about now. These guys look to have a solid coal mine in Mongolia and things are progressing. At 25 cents a share, I expect this to drop to 20-22 cents in the near term. Then things will pick up and the share price should steadily climb as news breaks.

Be aware that funds are tight and they will need to raise cash soon, this could give an opportunity to existing investors, depending on which way they run with the cash-raising. Also be really aware of the geopolitical situations. Take not of how China deals with the world and make some shrewd assessments. Don't believe what you see at first glance, dig deeper.

I will check back in February to see how they are going and how my predictions went (28 cents by then?)

Well, they got as high as 27 cents and as low as 23.5, so I wasn't too far off.

Apart  from that, it's business as usual, which just means there is going to be nothing startling for a while. This is clearly evidenced by management's really, really low number of announcements.

On for a check after the next quarterly.

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