Once again, and as with Lihir, we purchased Newcrest because the share price has been savaged whilst the gold price has not been. Continue reading »

Good afternoon, into the brief period of market strength yesterday we made the decision to sell our positions in OXR and LGL at $3.41 a piece, delivering gross returns of 4.6% and 7.9% respectively or 1.875% on the whole portfolio.

Good morning, Yesterday we purchased Lihir Gold Limited (LGL) with a portfolio weighting of 15% at $3.16. We have not traded LGL in the portfolio before, however it is one of our two preferred Gold plays listed on the ASX … Continue reading »

yesterday and today we made the decision to sell out of most of the portfolio at profit, in Macquarie Group and BHP Billiton. Continue reading »