get exposure to riv and other coal stks, page-6

RIV funds and profits have gone into Indophil (IRN)...the trade here is as dull as dishwater...bought at $1.225...expecting a slow climb towards $1.28 takeover bid price (maybe to $1.27) as substantial shareholder notices are lodged by Zijin Mining throughout January notifying of its increasing holdings (and prospect of takeover bid becoming unconditional becoming progressively more certain).

Am feeling I need a short break from trading over Xmas/New Year ...main reason I sold RIV holding and locked in profits.

There are a few other stocks I like...namely HGO-Hillgrove Resources (which is now around 42.5c). HGO doesn't seem to have a lot of rampers/short term punters holding (unlike stocks like NKP which I have also followed closely but am becoming wary of)