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  • Profile photo of Mikey PMikey P
    Participant
    @mikey-p
    Join Date: 2006
    Post Count: 86
    April 4, 2006 - 3:20 am

    Hi Guys
    A few people maybe chasing info on this town. Check out http://www.pacrim2006.com.au This will give you visuals, history and shire plans.
    I am not endorsing Kambalda but I am investing there.
    Cheers
    Mikey

    Profile photo of Mikey PMikey P
    Participant
    @mikey-p
    Join Date: 2006
    Post Count: 86
    March 22, 2006 - 8:11 am

    Check out http://www.realestate.com.au
    WA then type in Kalgoorlie and Kambalda. You should find a few there. I am not endorsing these places however I am investing there at the moment.
    Mikey

    Profile photo of Mikey PMikey P
    Participant
    @mikey-p
    Join Date: 2006
    Post Count: 86
    March 21, 2006 - 2:08 am

    Giddo
    The only thing standing between you and mega $$$’s is time!
    Mikey

    Profile photo of Mikey PMikey P
    Participant
    @mikey-p
    Join Date: 2006
    Post Count: 86
    March 15, 2006 - 4:00 am

    Basil
    You might have to spend some money and go see an accountant. They will give you the fundamentals and set you right with companies/family trusts etc…..
    Once set up, the rest is down to spirit, advice and being totally responsible for your position in life today. Remember every investment is a risk….nothing is guaranteed, but as some wise person once said “You’ve got to be in it to win it.”
    Cheers
    Mikey.

    Profile photo of Mikey PMikey P
    Participant
    @mikey-p
    Join Date: 2006
    Post Count: 86
    March 13, 2006 - 10:02 am

    Just returned from a trip to Kambalda. Prices are continuing to move very strongly. The mine expansions are starting to kick in. Sold one of our properties 6 weeks after settlement for $32K more than what we paid for it! I love the place. More businesses are opening up there and there is a buzz happening. Might only last a few years but what an exciting place. Someone has just started building a house there as well.
    Again do your own research as I am not endorsing Kambalda. But I am investing there…..And loving it (if you can’t tell!) [strum]

    Profile photo of Mikey PMikey P
    Participant
    @mikey-p
    Join Date: 2006
    Post Count: 86
    March 1, 2006 - 2:39 am

    For sure Kambalda is a risk, every investment is a risk. Show me a risk free investment promising good returns and I’ll throw all my wealth in!!!!
    I agree the small investment that is required for Kambalda is surely worth a go???
    Goldfields, Consolidated Minerals, Mincor, Sally Malay and the “Junk” brothers all can’t be wrong??
    Buying a property at around $100,000 and returning about $160-$200 per week, gives a good return, thats without any capital growth.
    Try replacing any of those brick properties you won’t get any change out of $300,000!!
    O also the new Kambalda rec centre has been given the go ahead….$10M investment? Something must be going on.
    Do your own research. I have invested in Kambalda. I am not endorsing Kambalda though.
    Mikey.

    Profile photo of Mikey PMikey P
    Participant
    @mikey-p
    Join Date: 2006
    Post Count: 86
    February 20, 2006 - 10:15 am

    Thanks for your comments.
    There’s no doubt that Mining towns are a risk. The history of some areas show this.
    Kambalda is only 56 KMs from Kalgoorlie and about 3 hours drive north of Esperance and the presence of both Nickel and Gold as well as the close proxi to regional capital centres may keep the living renting there for qiute some time yet. The Goldfields WA is a great place to earn huge $$$$’s whilst working…………..investing…… time will tell! Traditionally Kambalda/Kalgoorlie has remained “fairly” constant. Maybe the risk is not that big?? The expansions are starting there as we read and post…capital growth may follow…….?
    I am not endorsing Kambalda please do your own research.
    Mikey

Viewing 7 posts - 61 through 67 (of 67 total)
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