As I said in an earlier post cashed up companies like PPP are in...

As I said in an earlier post cashed up companies like PPP are in an excellent position in this market. I understand some of the total is held in US dollars so there is potential for a currency gain as well. If the directors use their strong postion wisely PPP could do very well and some of the earlier criticisms ( mine included ) might be well wide of the mark.There are others with big warchests including AWE, NZO, AED, CVN etc.Unfortunately for me I only have PPP and CVN from the list.These are the companies, and there are more, that will do well in the current climate IMO.Let's hope we get info from the meeting in early November that outlines the directors plans for the use of the $100 million +.If not I'll try my luck elsewhere!!
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