Gotta be good that Alto Capital investment manager Tony Locantro...

Gotta be good that Alto Capital investment manager Tony Locantro on it $

Anthony Locantro is an investment manager with Alto Capital, specializing in ASX small-cap mining and biotech companies. With over 25 years of experience advising on resource stocks, Locantro has a keen eye for market trends and valuations. Here are some key points about him:

1. Valuations and Gold Stocks:

   • Locantro notes that valuations in the resource sector are currently at historic lows. Gold companies, which typically had enterprise values of $30-40 per ounce, are now trading as low as $10-20 per ounce. This makes gold stocks exceptionally cheap.
   • He believes that the lithium stock bubble has burst, and the market’s focus is shifting toward previously overlooked commodities like gold and copper.

Red Metal (ASX:RDM):

• Locantro considers Red Metal as his “stock of the year.” Red Metal is a junior exploration company with several promising aspects:
  • They have a rare earths discovery near Mt Isa, which looks fantastic.
  • The metallurgy results are positive, and size isn’t a problem.
  • Additionally, Red Metal owns 52% of Maronan Metals (ASX:MMA), which he believes is one of the best undeveloped silver-lead resources in the country

Financial Adviser:

• Anthony John Locantro is also a registered financial adviser with the Australian Securities and Investments Commission (ASIC) through Austasia Financial Planning Pty Ltd. His adviser role status is “Ceased,” and he started his advisory work on November 1, 2011

Live Discussions:

• You can find live discussions with Tony Locantro on YouTube, where he shares insights on the market, reflections on past years, and predictions for the future

In summary, Anthony Locantro’s expertise lies in resource stocks, and he closely monitors market dynamics to identify investment opportunities.