Just take a look at Roxby Downs, in South Australia, the home of Australia's biggest Copper/Uranium mine to see just what an established mine can do to House Rent & Property prices, in the surrounding areas.
Personally I would, Buy 1 Million BLR shares (Aus$20,000) Plus sell or rent your Home to the Miners:) Win Win!
kevdog it may well be worthwhile pointing out to your TAC members of the benefits of a Mining Community.
"Its incredible In Aust. what Miners will pay for good property"
These are 3 Bed 1 Bathroom, for Sale:
Aus$445,000
Aus$475,000
These are 3 bed 1 Bathroom, for Rent:
Aus$450.00 P/Wk.
Aus$470.00 P/Wk.
Here's some link to Homes for sale & rent: Sale: www.realestate.com.au/cgi-bin/rsearch?id=roxby+downs&a=qfp&cu=fn-rea&t=res&q=Go
Rent: www.realestate.com.au/cgi-bin/rsearch?id=roxby+downs&a=qfp&cu=fn-rea&t=ren&q=Go . . Cheers :) kevdog, Keep in touch, BLR Holders respect your input. . .
BLR Price at posting:
1.7¢ Sentiment: Buy Disclosure: Held