daytrades dec 23 afternoon, page-78

In one of my taxable trading entities I have decided to create a speculative portfolio with $100,000 which I will call Buffetts Spec Portfolio 2011.
The stocks I have selected whilst all speculative are stocks I hope to hold for 12 months to gain capital gains tax benefit. Please note all these stocks are speculative & high risk so no investment advice is given & everyone should do their own research on these stocks. To follow additions/changes to this portfolio just add to favourites.
Whilst I hope to hold for 12 months I am prepared to sell should circumstances change.
Portfolio:
1. Albion Ltd (ALB) key driver Nickel 140,000 at 14 cents $19,600 Total $19,707.80
2. WCP Resources Ltd (WCP) key driver Ian Middlemass 130,000 at 9 cents Total $11,782.50
3. Mutiny Gold Ltd (MYG) key driver Further Gold Discoveries 100,000 at 14.5 cents Total $14,582.50. (MYG could easily be brought cheaper in the few days if stock is sold out of recent capital raising) As I will be on holidays committed today rather than wait for possibly lower price.
Hope to have some more over the next few days



Regards
Buffett