AUL 0.00% 28.5¢ austar gold limited

buffett's spec portfolio for 2011

  1. 3,298 Posts.
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    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.
    4. Mantle Mining Ltd (MNM) Key drivers Coal /Technology 300,000 at 6.543 cents Total $19,737.97.
    Hope to have some more over the next few days



    Regards
    Buffett
 
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