Club Mulgoa

Wednesday, March 21, 2012

Recent purchases... DRA, AZH, IDL, GOR and PRU

Those were losses but I don't know for how long. I don't buy expecting the shares to crumble but often they do! However, there are no good reason for the share prices of those stocks to continue falling. As you maybe able to tell, 4 out of 5 are gold stocks. I am still an optimist when it comes to POG. The floor is still above USD$1600 per oz.

Against these, I have done well with BPT, WHN and BRU. These are oil and gas stocks. And of course, the SPP for CTP is now very profitable but share price cannot keep rising. Tomorrow, I expect CTP to land back on earth.

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