Tracking

Saturday, 30 July 2011

End of week round up

Some good bits this week with Red Rock Resources making a bit of a recovery and finishing above 7p. They have had a report on them by Edison group which is very positive and I am looking forward to Red Rock making good progress by the end of the year. This is one of my top slice shares.


Tristar Resources are also making some progress and are doing a joint venture to build an antimony processing plant.They wouldn't do that unless they had lots of antimony to process so again another one of my topslice shares.

Victoria oil and gas did a draw down of 600k GBP and as yet no-one is clear what it is for. However, the sp dropped a little but as each day passes we are getting closer to gas being delivered and revenues being generated.

Yesterday Greencore Group issued an RNS stating they had agreement to purchase UNIQ and this should happen by end of September. Slight concern for me is that I will be on holiday when the rights issue is carried out and I don't want to miss getting my shares and getting some more as well. I expect the sp to drop and then recover over the next few months.

My pf is still all red but I do see a few glimmers and it would be nice to see some blue by the end of August.

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