PeterFat Prophets are one of the better tip sheets, but they do...

Peter

Fat Prophets are one of the better tip sheets, but they do not always get it right. For example, I think that at one time they also recommended Westonia, which has proved to be a dud.

I made a decision to bail out of VRE at 40 cents (up from 18 cents), despite FP saying I should stay in. I could have been wrong, and I may still prove to be wrong. My judgement was coloured by my experiences with two other gold miners (BDG, and LVR/PSV), and by the additional VRE capital raising that came out of the blue. I felt that for the number of shares on issue VRE needed to find a lot more gold, and that the amount of Ni attributed was too small to add significant value in the absence of a major upgrade in that resource. Hence any profit they may earn would need to be ploughed back into exploration for quite a few years.

Another tip sheet that I find has made very sound recommendations is Stockanalysis, but its a one man operation from WA. Its excellent in relation to oilers, but also has picked some highly prospective miners (eg ALB, MBN. which I do not hold).

In the end, despite any recommendations, each investor has to take full responsibility for their decisions.

There is also a lot of free (or semi-free) information in newspapers and magazines. For example a write up in Personal Investor magazine led me to buy MCR at under 80 cents, for which I am eternally grateful.

Good luck.

loki