A Good Step in the right Direction Great

The new minister of mines has come out with a plan to put mining in the right direction after the previous ministers have have been blunderi...

About Me

Retired but always looking for new challenges.

Friday, December 11, 2015

THE YEAR ENDS

All updates and new lists hopefully be published by the end of February 2016, as we are now closing till that time for a much needed break !
Best wishes for all  readers of these posts and hoping we shall all be successful in the new year !
At the moment our local market is plunging as minerals are not needed by the world in sufficient quantities and local politicians are adding to our woes by unfortunate views, moves and statements!

To counter this action we have closed our positions on most local shares and have invested in the NEWUSD
 ETF and other overseas shares on our local bourse that are overseas based such as REI. Do watch out for too high PE's and keep alerts and some stop losses in place.