Señor El Ringo: No, I am in Japan but dabble in Aussie stocks. Right now, I have positions in
AVO.AX (Avoca Resources), solid gold producer
CGG.AX (Citadel Resources), copper-gold etc explorer Saudi Arabia, several projects, good drill numbers, cash to last to end of year; can they DO IT?
CNT.AX (Centamin Egypt=CEE.TO), gold mine near commissioning; my largest position anywhere
EQN.AX (Equinox Minerals=EQN.TO)), huge copper mine in Zambia commissioned last December; producing copper at US$1.15 per pound. Nice hedge of 30% of first 3 years production at $2.39 per pound adds $243 million mark-to-market value to books.
EXT.AX (Extract Resources), exciting uranium play, cash sufficient for 6 quarters, nicish chart
NCM.AX (Newcrest Mining), big gold producer
LYC.AX (Lynas Corp), their Australian Rare Earth deposit is world's biggest outside of China, presently building processing plant in Malaysia for commissioning end 2009
TRY.AX (Troy resources=TRY.TO), tiny position, will add if it keeps rising |
