Club Mulgoa

Tuesday, July 19, 2011

IRE

IRE is almost directionless after so many years. I got rid of it today. Well, tomorrow if a big institution makes a move on it, I would regret the sale. This has been an anticipated event.

But I find resource stock more exciting... and rewarding. Especially stocks with prospect or where the metal price is good and expected to stay high.

So I used the money generated to buy coking coal (not thermal coal) and gold stocks. There is CEO (but it kept falling!), LSA, AUK and CKA. And finally, a top up of my Chinese fund, AGF.

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