I was into this company when it was the Web share shop. I did very well then but think the prospects look very good for the future. Very good stock picker in Rowan and holds a large amount of mining stocks. So one bit of good news should see these rally forward....again.

Anyone out there hold these, or think differently......let me know.

Starvest now holds trade investments in the following companies:

Agricola Resources plc Platinum exploration in the Shetlands
www.agricolaresources.com

Belmore Resources (Holdings) plc Zinc exploration in Eire and Northern Ireland

Beowulf Gold plc Gold exploration in Sweden
www.beowulf-gold.com

Black Rock Oil & Gas plc Oil and gas in Southern England and Australia
www.blackrockpertroleum.com.au

Brazilian Diamonds Limited Diamond exploration in Brazil
www.braziliandiamonds.com

Franconia Minerals Corporation North American minerals
www.franconiaminerals.com

Gippsland Limited Tantulum exploration in Egypt
www.gippslandltd.com.au

Hidefield Gold plc Gold exploration in Brazil
www.hidefield.com

Matisse Holdings plc Cash shell

Myhome International plc Domestic cleaning services
www.myhomeplc.com

Oranje River Diamonds plc Diamonds in South Africa

Regency Mines plc Copper & nickel exploration in Australia

Sheba Exploration (UK) plc Gold exploration in Ethiopia
www.shebagold.com

Southern African Resources plc High value minerals in South Africa and
Botswana
www.sar-plc.com

St Helens Capital plc Corporate finance advisor
www.sthelenscapital.co.uk

summer

i held these for a month or two just before they
changed there name
not a bad stock

I have been holding these for a few months now. They appear to me to be a very good way to get exposure to mining stocks at a big discount.

also a holder and looking at increasing to make one of my largest positions - even if you treat it as an investment trust, a discount to the last NAV of around 40% is what attracts me.

Worth noting that such a discount should also narrow simply on the following :

1. the vast majority (or is it all?) of the investments that Rowan has bought for SVE are listed stocks. The discount to NAV would be very wide even for a portfolio of unquoted holdings, but the right comparison should be smaller company investment trusts that currently trade at discounts of around 15%.

2. it could be argued that SVE should trade narrower even than a 15% discount because many smaller company investment trusts do hold either unquoted or pre-IPO investments which are difficult to value. In addition, as the U.S. country specific traded funds have shown, such stocks do regularly trade at premiums to NAV when there is a lot of interest.

3. with the ongoing interest in the mining sector being high, the NAV has been growing well and has probably increased again since the last NAV release of 22p

4. I am told that Rowan is in the midst of raising other funds in the market. As an astute investor there is every chance that he will use part of these funds to buy in SVE stock to narrow the current discount i.e. he would be buying a basket of stocks he believes in at around a 40% discount. Something we'd all like to do !!

Even if the discount to the last NAV only narrowed to 15%, this would push SVE up by approx 40% or more - not bad for a diversified portfolio of mining stocks IMHO.

Would like to see more talk about the potential of SVE then I would certainly be tempted to increase my holding.

DYOR and good luck,
ab7

Thanks ab7, my thoughts exactly, but better than I could have articulated them. My feeling is that the mining sector will continue its bull run for some years. The only danger is a possible retraction in the growth of China. As China is the most significant cause of natural resources growth over the last few years, it follows that any hesitation in their growth path could create a bad short term outlook for mining stock. So I keep a careful eye on what it going in China with a readiness to get out of Starvest and my other mining stocks. That said though, if China does have a hiccup, then that will be a fantastic buying opportunity for this continued bull run.

Tallsiii