All Topics / General Property / Kambalda Update

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  • Profile photo of Mikey PMikey P
    Participant
    @mikey-p
    Join Date: 2006
    Post Count: 86

    Hi All
    Just an update of what is happening in the WA Goldfields. Just returned from Kambalda. Housing prices are rising steadly there. I have personally just sold one for $115,000 bought in New Year this year for $60,000. I have recently acquired 4 more Duplexes over there this week. The Nickel mines are expanding rapidly and the housing shortage is really creeping in. Check out a few of the miners over there Consolidated Minerals (csm), Sally Malay (smy), Mincor (mcr), Independence Group (igo) on the http://www.asx.com.au site and you’ll see what I mean. O’ check out Avoca (avo) for the gold side of things……. You’ve gotta be in it to win it!!!
    It’s all good. I am not endorsing Kambalda but I am investing there and loving it.[strum]
    Cheers
    Mikey P

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