ERN and TPT

ERN has just announced that it has acquired a stake in DRC, looking for gold. The trench reading is great but what is this in JORC compliant resouce, you will never know until proper drilling is done. But if the trenching has good grades, then you can at least be optimistic. So I have taken a small 'calculated' gamble.

I got rid of RSG as it has been hovering around my buy price without any great announcement lately. This money is now channeled into TPT, exploring offshore in Morocco and ERN. The leftover was used to purchase SAU share purchase plan. SAU is raising money for exploring near Kalgoorlie. It has uncovered some good grades there but I don't have spare cash :-( HGO, GDY and BOW are all asking for more cash soon.