Club Mulgoa

Friday, May 13, 2016

Vanadium

When it comes to battery technology, I have only read superior comparison of vanadium over lithium.  But if it is so much better, why is it not in daily use?  It would appear to be more suited for large scale storage rather than for appliances.

When I first invested in lithium companies, it took ages before some become profitable and others are still languishing.

The question now is do I go ahead and start on vanadium miners?

http://www.tngltd.com.au/about_us/company_overview.phtml
http://australianvanadium.com.au/
http://www.australian-shares.com/asx-top-12-by-vanadium-resource.html

KRC is worth almost next to nothing in my portfolio!

Wednesday, May 11, 2016

Non-performing resource stocks

I have got rid of more than 20 resource stocks...  All were heavy losses.  It is like using a broom to sweep out the trash.

And bought 2 internet stocks...

Thursday, May 05, 2016

GRY

When it announced that it found more gold, the market was so indifferent to it!

I put a low price and collected a parcel.  That lowered my average buy price for this stock.  I am hoping that soon I will be breaking even... as the share price is now moving up.