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The XAO fell by 0.15% for the week but there were some good gains to be had amongst the mining stocks. I currently hold PDN (up 12.8% this week), LYC (up 10.3%) and SLR (up 9.4%). SGM was also up 5.9% and none of my other trades fell materially. My trades were up 1.9% for the week. My long-term educational portfolio was up 2.3%

The XAO fell all week apart from Friday to close basically where it started - being a level of resistance. I’d like to think it will break higher next week but it could just stage a rerun of this weeks mixed bag and end up going nowhere.

As I’m currently travelling, I haven’t had an opportunity to consider my Stocks to Watch and they remain unchanged again.


Robert Norman

Phone: 0428 346 951

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