It’s been an exceptionally good couple of weeks and for the first time ever, all shares in the portfolio are showing a healthy profit.

In terms of realised profit for the website, the only sale was TRI (Trifast). I actually think that there is more profit to be had from TRI but I was looking for more money to invest in a new interest of mine. – Xcite Energy. (XEL) I have been watching this one for a while and there is no doubt about their potential for massive gains in the future. On the 16th I happened to be watching this share and the volume of trades increased significantly. I had been waiting for a good entry point but not wanting to miss a sudden rise I bought in with £1200. This turned out to be a fantastic trade and they went up 40% in three days! This has dropped back a little since but I used the retrace and the Trifast money to top up to £2000 invested. Currently 22% profit.

My reader will remember that I bought back into centamin last week following a minor downgrade to their production forecasts. – As expected CEY soon released another positive RNS pushing the price back up to previous levels. Still holding on to CEY as there is more to come.

PMO still showing 8% up. – With no real news, I am assuming this rise to be a result of allot of take over rumours floating about right now. The recent RNS was fairly neutral so I will be considering moving from PMO to Encore or Enquest over the next couple of weeks. – keeping an eye out for a good exit point.

Yamana gold has had a good week and is showing a 7.5% gain.

All other shares are running a small profit of between 4 and 10%.

Next update will be in a fortnight.