top speculative growth stocks..

I must admit value is getting harder to find in the juniors, but there are still some stocks that have gone under the radar and this is probably due to the company sticking to their guns and not surfing paleo channels.

My top speculative growth stock list is a little different now that Hyro (HYO) went vertical and now has Macq Bank as a substantial holder which vindicates their growth profile.

CAPITAL MINING (CMY) Prospectus issued 20c

This looks to be one of the most solid new floats coming to the market. CMY have zinc/gold resources, a rare earths project and plenty of thorium/uranium potential. They are looking to raise $3m only, and what appeals is the management team of Rick Hine, Rob McCauley and Chris Abblet. When it lists there will be only 19m tradeables and the market cap looks low considering their level of advancement. There are no options offered at all so this one will be tight.

ALLOY RESOURCES (AYR) 15.5c

Small gold/nickel explorer with a sub $10m market cap. I like the fact that they have a gold resource of 281,000, plenty of cash, and Peter Harold from Sallay Mallay as Chairman. About to commence some hard core diamond/rc drilling looking to increase the comet gold resource. With Dr Meyers at the helm, you would purchase this one for management value alone.

PROTEOME SYSTEMS (PXL) 30c

Nice to see some volume creeping in. This is my brokers favourite stock for 2007, and this is partially based on Stephen Porges who was one the main forces behind HYO's remarkable turnaround. PXL have a number of projects in the pipeline with the POC TB test the most critical along with the semen based prostate cancer test, and advancements in treatment of patients who have had heart surgery. UVA/UVB is also an area of interest for PXL and I am looking forward to a steady flow of announcements in the short-term.

L&M PETROLEUM (LMP) 23c

My brokers favourite energy stock, and one that should provide numerous thrills and spills over the next two years. First class team of oil/gas specialists, $28m worth of drilling expenditure to come (they raised $20m in the IPO), and a theory that their areas are a potential repeat of the Taranaki Basin. Loyalty option 1 for 2 exercise 25c is due to be issued with the first well spud date set down sometime in April 2007.

PARADIGM GOLD (PDM) 16c (in trading halt)

Turnaround story and the real value is in the tungsten and to a lesser extent Carmens QLD uranium theory. Cash was running down after finding plenty of economic sandpit fill, but with a new lease of life this one looks painfully undervalued when you consider that high-grade tungsten projects can have a low capex but spit cash out.

INTEGRA MINING (IGR) 14c

Cairns copped a bagging for delaying production as the juniors pouring gold fall over like dominos. IGR have one of the most active drilling programs about to commence and when you take an EV of $20 per resource ounce you would think the Maple Leaf brigade would be happy to pay up to $80 per oz for a decent gold resource there is some upside to be had regardless of the dilution and what some hotcopperites think of Cairns.

GREAT GOLD MINES (GNL) 4.2c

Have the JV with ABU which is performing well yet GNL is suffering from what appears to be insto/fund selling. Gutnick no matter which way you look at it is one of the most experienced mining experts on the planet. Sure to get some help from the Canadian listing where it is most illiquid.

RUBICON RESOURCES (RBR) 20c

Out of HRR, and my broker loves the management team and thinks that they will look to grow quickly through M&A and perhaps some luck with the drill. Starting to settle after the late stags decided to hammer it

PLATSEARCH (PTS) 12.5c

Very professonal company with JV's with the likes of Teck and Newcrest. Was talking about uranium way back in 1999 and is tied up with Crosslands which is due to move from the NSX onto the ASX. PTS's profile would then increase significantly, and you would think that this company is one of the closest things to the likes of MOX, MEP,HAV.

MALACHITE RESOURCES (MAR) 20.5c

Gold, copper and uranium now in QLD with resource drilling to define something worthwhile at the Conrad silver project in NSW. Has been an underperformer but likes to run if they announce on a decent day. Lowder is one of the more enthusiastic MD's going around and this shows in his reporting style.


Good luck all, these are all worth some research and fit my criteria.

Azzie