advice to a new investor, page-2

Grubby,

Apart from BLY, your portfolio suggests random choices of low priced shares.

At least choose one industry and get some fundamentals slowly that way. ie- gold, gas, iron ore. etc.

Then over time - as companies keep sucking your money away - you'll learn why quicker, than if you are all over the place.

As for MPJ - its a flat price punt on the fact they have money (no more cap raises) and their share price can't get worse.
Unfortunately - they keep selling off their assets for minimal risk/gain situations. I hope this points to a new venture coming soon that ignites interest.