Miners a no no, but maybe look a t 9 Sep 2014 12:01
We totally agree about small cap miners. We are looking at oil companies again. Some of their prices are very low after such a long period when sentiment was against them. But you have to be careful, some companies have multiple asset and are conservatively managed, Fastnet for example, now recovering from an all time low, conserving cash and seekiing farm in partners. Some rely on one asset or even one drill. Take Tower and Tangiers recently where a dry well meant a massive loss.
However, Synety will reain our biggest investment, relying on growing revenues which you pretty well know will happen rather than drilling for minerals or oil, which is always massively speculative.