Never ignore West Africa.. and East Africa

Most of my West African stocks have gone positive but some are many times more positive. So which one is the laggard? BSR. Why? I do not know. But compared to the others, this is now the good value stock. Previous announcements are great but the management seems to do nothing much :-( Em.... Lots of patience is required when investing in companies like this.

Just a bit further away is East Africa. I bought AVA after attending a ProActive seminar in Aug/Sept this year purely because of large greenstone geology at its Kenyan tenement, not for its coal in Botswana. Bought at 9.7c, it has crept up to 15c within 2 months. Not bad for a speculative stock with nothing to show so far other than more hype.

http://imagesignal.comsec.com.au/asxdata/20101028/pdf/01114057.pdf