Hi Mychael, PDN (6.67), BLR (0.16), SMM (4.03) & DYL...

Hi Mychael,

PDN (6.67), BLR (0.16), SMM (4.03) & DYL (0.42).

Holding the above for the long haul i think is a good idea. You may find DYL making some impressive moves over the next 12mths.

AGS is my standout as far as this year goes. With $14mln drilling and Free Carried by Heathgate/Qasir the stock should be rerated as more drilling news and of course the JORC becomes compliant.

As you have mentioned, you are planning to invest $1,000 equally amongst the shares. In that case, i would be buying at least 20% of my $10k on AGS.

I would drop MTN more so because of the share price and favour a company like USA.ax which is only .38 cents and has a joint venture with MTN including MTN holding 7% of its shares.

Another company which should grow this year will be UKL. It is aiming to produce Apex-Lowboy end of 2008.
I can see it growing throughout the year.

Possibly WMT - MKY as small caps to grow.

EXT should also do alot better considering it has been stagnant for a number of months. I would favour DYL over EXT. However, that is my preference.

URA, if it can deliver could be a big winner.


My only problem with your selection and given that you are talking about $10k its difficult to spread the risk without much leverage.

That was why i suggested getting rid of a company like MTN and focussing on much smallercap stocks.
You have more chance of them at least doubling within the next 12mths. Even AGS is not a given that it will double in price over the next 12 months. I expect it to grow faster than MTN. Yet on a small budget it is more difficult. Don't forget there is also Brokerage for each transaction.

All the best.

Cheers markco2