Enterprising Investor Forum

Just a quick recap of our performance before the open.

Nothing fundamental has changed in our outlook for the companies we have been talking about and would consider any dips as opportunities to add to our holdings.

Update: Market Close, July 9th 2007:

• MWA-B: -4.97%

• CDE: +13.97%

• SCSS: +1.14%

• PDS: -1.95%

• EWJ: -0.07%

• SAFT: -0.22%

• JNJ: +2.63%

• OPWV: 0%

We are still trying to figure out the best way to display and track the performance of the stocks we talk about. For the time being, it will just be through a simple post like this updated on a monthly basis.

As our readers know, we feel that markets are heading for a correction and we aim to adopt a ‘wait and see’ strategy for July. Naturally, we believe that investments we make are for the long-term, but due to some reader request, we will post these monthly updates. Taking into account that the Dow and the Nasdaq were down 1,61% and 0,05% respectively in June, we feel our performance is acceptable.

Update 10:05 a.m, July 2nd 2007:

• MWA-B: -3,16%

• CDE: +1,96%

• SCSS: -1,32%

• PDS: -4,41%

• EWJ: +0,34%

• SAFT: +1,78%

• JNJ: +0,29%