Portfolio Watch: A speculative stock portfolio for risk lovers This speculative stock portfolio aims to generate big returns for investors willing to take on that extra level of risk.
With risk appetite returning to the market, a growing number of investors are putting speculative stocks back under the microscope.
With this in mind, Novus Capital executive director of equities Steven Hing has established a portfolio of speculative companies that he believes could potentially reward investors willing to take on considerable risk. His portfolio includes Metgasco Limited, IFS Construction, Ceramic Fuel Cells, XRF Scientific, Imugene Limited, Prima BioMed, Citadel Resource Group and Flinders Mines
....worthy of attention is Flinders Mines, a junior company based in the Pilbara region of Western Australia. It has a significant iron ore resource and close ties with Fortescue Metals, Hing says. Flinders Mines’ Hamersley project includes joint venture exploration licences with Prenti Exploration and Fortescue Metals, Hing says. He expects the stock to breach its recent high of 23c on any positive news flowing from its pre-feasibility study into its iron ore operations.
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