Mad Dog15 Dec 2010 12:31
Thanks I'll check SXX out....I'm in a few shares had a few up and downs but up 20% for the year so better than bank rates, plus hopefully I'm learning. Made 250% on Chariot but got out way too early (80p)could have made a mint there. A share I've stayed in that's done well for Me is AMS, got in again in the mid twenties but think it's a company that may well have more headroom. Jim Slater tipped then recently as a classic Zulu stock so I'm holding.
Two companies I'm in that I think have the potential to do well are COP and Geovic Mining, the latter being on the Toronto Stock Exchange. Both are high risk but Circle are a producing company (who look like they'll move into profitability in 2011) and are awaiting the results from 3D seismics carried out on one of their most exciting prospects (Block 49 in Oman).
I got into Geovic because 12 months ago I wanted a 'new energy' play and looked at Hybrid Cars. The Chinese unbelievably have most of the worlds rare metals tied up (it's been a 25 year policy they've had) but both Copper and Cobalt go into making rechargeable batteries. So I found Geovic who are hoping to set up the Worlds largest Cobalt Mine . They're close to having a feasibility study finished (probable reserves have already been done)and are in talks with possible Asian farm in companies, so here's hoping. They've also got Gold, Chromium and Uranium interests although Cobalt will be the main driver in the short term.
I'm also in OTC,PPC,BTC,HRCO,ARTA and ASW.....and am watching CFC/NFC/SNRPGMG.