PIROA

In the midst of a civil war in Mali, PIROA's operation in western Mali appears unaffected.  When the option  price hit $1.16, I sold some to pay to exercise the options (due in December 2012).  That now means, I have recoup all my capital cost for the PIROA plus $5,000 real profit :-)  It has gone up by 8.5X since I bought back into it in 2010 with a few top-ups since then.

Last time I dealt with PIR (not the options) and I made a very nice profit out of it.