Club Mulgoa

Monday, November 15, 2010

CVX

http://www.theaustralian.com.au/business/mining-energy/liberia-the-new-africa-gold-play/story-e6frg9ex-1225941203839

This is a stock that I just bought recently. BSR was my worst performing West African stock but CVX has taken over that role. With price of gold falling recently, I am not expecting anything spectacular with these two stocks. However, that also means this is probably a good time to buy. If there is good news, then the price will jump but with bad news, the plunge could be massive. Why would I want to invest in companies within the West African greenstone belt?

0 Comments:

Post a Comment

<< Home