moxi10 replied to the topic Houses in the mining towns in the forum General Property 12 years, 3 months ago
Hi Again Freckle
The information and opinions you bring to the forum are all valuable, and should be absorbed and considered by all as they emphasis the fact that caution is required in order to reduce the risk of making bad decisions. My personal assessment of the investment environment leads me to the conclusion that I should continue to focus…[Read more]
moxi10 replied to the topic Houses in the mining towns in the forum General Property 12 years, 3 months ago
"And there is of course the opposite to that position. Those who are prone to positive bias and jump in with both feet. I'm neither pro nor con most markets. They are either opportunities to be taken or avoided subject to risk reward trade-offs. The trick with most investing is try and stay objective without letting too much bias creep in from…[Read more]
moxi10 replied to the topic Houses in the mining towns in the forum General Property 12 years, 3 months ago
Hi Freckle
You have as usual made some valid points worthy of consideration…
"It's irrelevant whether or not information is negative or positive. It's all just market information. What is important is how credible, useful and informative the info is. Markets ebb and flow on information. Investors live and die on the accuracy, credibility and…[Read more]
moxi10 replied to the topic Houses in the mining towns in the forum General Property 12 years, 3 months ago
Here's a good article discussing the longevity of the "mining boom", or perhaps more appropriately the "resources revolution". There are two paragraphs in particular which appeal to my investing philosophy…
"As a nation, we need to stop moaning and start embracing the opportunities. It’s been four years since the onset of the GFC. Australia’s…[Read more]
moxi10 replied to the topic QLD mining regions (Bowen & Surat Basins & Gladstone): Willing to help anyone with questions in the forum Here’s a new twist. Some 12 years, 4 months ago
Here's a new twist. Some potential tenents training for mining jobs.http://www.dailymercury.com.au/story/2012/07/28/criminals-eye-mine-jobs/
moxi10 replied to the topic QLD mining regions (Bowen & Surat Basins & Gladstone): Willing to help anyone with questions in the forum Hey Dubstep interesting 12 years, 4 months ago
Hey Dubstep interesting reading. Looks like Campbell Newman might be angling for a political or personal donation from Gina and the Indians to get the dam built.
moxi10 replied to the topic Who invested in Dysart? Mine is closing….. in the forum And a more positive article 12 years, 4 months ago
And a more positive article about the coal market…http://www.miningweekly.com/article/peabodys-profit-cools-amid-signs-of-rebounding-coal-markets-2012-07-24And a negative on the impact of the Norwich Park mine closure on Dysarthttp://www.cqnews.com.au/story/2012/07/27/fractured-town-spirit-takes-toll-on-families-resid/And although I prefer…[Read more]
moxi10 replied to the topic Who invested in Dysart? Mine is closing….. in the forum General Property 12 years, 4 months ago
Here's an article that will be of interest to Dysart's property investors. Oh yeah, I forgot the boom is over, so don't read this.LEIGHTON'S mining services arm, Thiess, has won a $2.3 billion contract to extend operations at Jellinbah Group's Lake Vermont coal mine in Queensland's Bowen Basin. The six-year agreement will double production…[Read more]
moxi10 replied to the topic investing in the hunter Valley in the forum General Property 12 years, 4 months ago
Hi NHGWho is "They" that says they have too much coal? That statement should come with some form of varification or it is not worth repeating. We are all aware that China's rapid expansion has been reined in by their government, and the European issues are having negative impacts throughout the world. However, China's government appears to be…[Read more]
moxi10 replied to the topic Hunter Valley NSW Investment Opportunities – Muswellbrook, Singleton. in the forum Help Needed! 12 years, 4 months ago
The market in Muswellbrook is on the move now. I've just spoken to my agent there, and he has confirmed that current demand is high and prices are rising. His agency has leased as many properties so far this year as they did all last year. A search on real estate.com confirms that listings are low and prices increaseing. Here are some articlesa…[Read more]
moxi10 replied to the topic QLD mining regions (Bowen & Surat Basins & Gladstone): Willing to help anyone with questions in the forum And more news about Galilee 12 years, 4 months ago
And more news about Galilee projects…delays, but very ambitious projects with optimistic schedules requiring approvals from handicapped governments are inevitably late. http://www.dailymercury.com.au/story/2012/07/12/mine-jobs-backburner/
moxi10 replied to the topic QLD mining regions (Bowen & Surat Basins & Gladstone): Willing to help anyone with questions in the forum Help Needed! 12 years, 4 months ago
Feasability study for Galilee Basin rail by Adani and QR National underway. And the media highlights commentators speculating that the resource boom is over. The mining companies don't think so…[Read more]
moxi10 replied to the topic QLD mining regions (Bowen & Surat Basins & Gladstone): Willing to help anyone with questions in the forum It appears as though one 12 years, 5 months ago
It appears as though one wages dispute may be resolved. However, this is only the one with Wesfarmers, not the big one with BMA.http://www.cqnews.com.au/story/2012/06/20/pay-rise-seals-the-deal/
moxi10 replied to the topic Mackay? in the forum General Property 12 years, 5 months ago
http://www.cqnews.com.au/story/2012/06/08/qr-network-expands/This article is about a possible rail link from Alpha to Emerald to send some of the Galilee coal to Gladstone. The Galilee Basin is attracting a lot of attention.
moxi10 replied to the topic Mackay? in the forum General Property 12 years, 5 months ago
Hi jnb and mattstaBelow is the title of a thread Josh started. He provides a link in it to his blog. An excellent summary of what's happening in Mackay is on his blog. I've been to Mackay twice now, and have purchased there myself. The area around the CBD is very low and flat. I bought on a hill near the water tower on the border of the su…[Read more]
moxi10 replied to the topic Moranbah and Surrounds in the forum General Property 12 years, 5 months ago
moxi10 replied to the topic Investments in Alpha in the forum Help Needed! 12 years, 5 months ago
In regards to the suspension of the Alpha project, Tony Burke, Fed enviro minister, has stated that he wants more information pertaining to potential reef damage from runoff. While most of us obviously are not privy to the details of what information is available on the subject, or to how diligent the studies have been, the premise that…[Read more]
moxi10 replied to the topic QLD mining regions (Bowen & Surat Basins & Gladstone): Willing to help anyone with questions in the forum Help Needed! 12 years, 5 months ago
I haven't seen the recently approved Mac camp for Moranbah mentioned anywhere on the forumn yet. Here's a link for an article about it in the Mackay newspaper. The comments below the article are also interesting and enlightening. http://www.dailymercury.com.au/story/2012/06/05/council-slams-mining-camp-anne-baker/
moxi10 replied to the topic QLD mining regions (Bowen & Surat Basins & Gladstone): Willing to help anyone with questions in the forum Help Needed! 12 years, 5 months ago
Hey Dubstep, that's a Great article. I love Terry's positive attitude. I think it was him that first came out with that saying "watch what the mining companies do, not what they say". And on the subject of making property investment decisions based on long term factors, I couldn't agree more. The daily wild gyrations and frequent dramatic r…[Read more]
moxi10 replied to the topic Investing in Mackay QLD in the forum General Property 12 years, 6 months ago
hi Uanwin2 First of all, you need to do more research. A good place to start would be to read Portfolio PI thread "Queensland mining region….willing to help." From there go to Josh's blog….there is a great review on Mackay, which amongst other things has a comprehensive list of projects around Mackay. I, and obviously many others on thi…[Read more]
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