Proactive Investor Forum in Sydney

Some stocks you just watch as nothing much is going to happen.  Until RMX drills into the deep gold vein and uncover a large deposit, nothing much is going to happen. AQC and SRZ are going to take a while before they can generate a profit out of their assets.  PEK sounds great but the process of negotiating with the buyers of REE ores is going to take a long time.

ELK is very interesting in the technology it uses to extract oil in the USA.  It is a stock I think has potential.

The only stock that I would like to buy is HDX.  It isn't a miner nor an explorer nor a driller.  It is a coal mining servicing company, the biggest blaster in Australia.  It earned AUD$8 million last year (PE = 4.5) and expect higher revenue for 2013.  All the signs are pointing towards a good secure future.  I asked from the floor why if his company is so profitable, with such secure contracts to service the coal miners, why don't the coal miners or mining contractors provide his kind of service.  He gave his reasons but the main thing line is his workers are not unionized.