Saturday, 9 March 2013
09/03/13 Portfolio Update
Oxus Gold 34 %
Metro Baltic 25 %
Rurelec 28 %
Trevaria 5 %
Sacoil 8 %
Progress is good , especially in terms of Rurelec . Patience will be handsomely rewarded .Over the next few years this will only go up and up aka those magnificent men .
Oxus , also performed well .Expect a tiny downdraft , for the next week or two.
Trev , may be possible to re-enter at below 0.4 , which is good value and a safe long term play .
Metro Baltic , patience must be your greatest weapon. News will come.......eventually. Good luck to Barnaby ( good lad ).
Sacoil ---- No comment.
Friday`s trading on Barclays was very interesting , after spotting a large trade the night before . One can sometimes spot the manipulation of shares , before one`s eyes.
If I was a day trader , which I cannot yet afford . the opportunities arise , before your eyes.
The Market , expected down tick will be very minor . FTSE should hit 7000 before the year`s end .Target of 6470 broached far too easily and the wall of worry , as always our best indicator of upturns .History as always will be our guide.