Indonesian gold

Most Aussies are very wary of Indonesia, our big neighbour to the north, nearly 240 million people and the nation with the largest Muslim population. It is a made up of many islands and corrupted politicians and crazy religious fanatics. The military has only been tamed recently.

Yet because of its volcanic history, it is full of minerals. Is it high risk? It is certainly poor and susceptible to Muslim fundamentalism. It has been rewarding for me to invest in it. There is ROL (up 90%), HGO (up 22%), SIH (up 340%) and just bought last week ARX (up 17%). Personally, I think HGO is the most exciting when drilling is done in Irian Jaya. ROL has been churning up nice surprising. People were dumping ARX after the first day rise, following the discovery of a new gold zone. Always be on the lookout for mad lemmings. I was one of the lemmings on that day of rapid rise but I became a chicken when the rise was too high and too fast. The next day, when share price fell, I moved in.