Club Mulgoa

Tuesday, March 08, 2011

MNB CNLO

RB at Pure Speculation in The Australian has made me a lot of $$$$$$$$$$$$$$$$$$$$$.

If either of the links don't work, paste in Google search and the correct link will appear.

http://www.theaustralian.com.au/business/mining-energy/germans-rub-bhps-nose-in-it/story-e6frg9ex-1225959192104

http://imagesignal.comsec.com.au/asxdata/20110222/pdf/01153447.pdf


MNB has made me 75% profit in 5 months but CNLO has made me a loss of 22%. Both are phosphate miners in Africa. CNLO is in Tunisia, which probably explains why I am losing money. Rich Chinese and Indians have to be fed and bloated Yanks and spoilt Europeans are continuing to eat in huge quantities. Of course, Aussies and Kiwis eat and eat and eat and eat; wonder why they bother with playing sports.

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