Friday, November 23, 2007

2 Portfolio Additions: San Gold and E-House At the Market Price for Friday, Nov. 23rd

I will add 3000 shares of San Gold at the opening price in Canada today. The Canadian company is an attractive producer with exploration blue sky. The shares trade on the Venture exchange under the ticker SGR, as well as on the OTC under SGRCF.

I will also add 100 shares of E-House (China) Holdings Limited (EJ: NYSE). E-House owns China's real estate multi-listing service, a tremendous asset for leveraging it's overall release services offering. The shares went public in an IPO earlier this year and have witnessed a massive correction in the last few weeks. The fall is excessive. The shares may keep falling, but establishing an initial position of 100 shares for now is perfectly acceptable -- falling knife be dammed. I believe there's a very good chance the stock will bounce this Friday and we just hit the low. But if I'm wrong, I will dollar cost average at a later date.

The next update will include detailed profiles.