Club Mulgoa

Friday, September 30, 2011

SBL

Just put a buy at 1.1c. The placement recently was at 1.5c. I had topped up at that price just before the placement. Even at USD1600 per oz, gold is still very profitable to mine by SBL. Especially, since AUD fell below USD97c.

Recently, there have been a few stocks paying dividends, including WES, BHP, WOR, RIO and a few smaller stocks. It is still wise to keep the blue chips.

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