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Aggressive Portfolio November 15, 2007:

 

I will be adding to the Aggressive Portfolio In the belief the gold and oil will be th top performing sectors over the next few months. US dollar weakness will continue and that will push the price of these commodities higher. Strong global demand will maintain support for the price increases over the next few months.

 

I will be adding copper and zinc producer Breakwater Resources (BWR-T) due to continued strong growth in Asia. Demand for copper has been consistently high for the past 18 months the price volatility has been very high due to extreme speculation at certain times. At the current level of over $3.00 a pound  for copper and $1.20 for zinc producers of these metals should be very profitable going forward.

 

In the gold sector I have added two mid tier producers that have good potential to expand production in the short term, Gammon Gold (GAM-T) and IAM Gold (IMG-T) have strong management and proven properties which should lead to higher valuations as gold continues to climb.

 

In the energy sector I have added two well positioned emerging producers with proven and experienced management.  Both Anderson Exploration (AXL-T) and First Calgary Petroleum Ltd (FCP-T) have exposure to natural gas and this market is undervalued offering excellent potential for capital appreciation.

 

Aggressive Portfolio November 15, 2007:

 

 

Company

 

Symbol

 

Shares

 

Cost $

 

Market $

 

Total $

 

Stop

Anderson

AXL

2000

3.25

3.25

6,500

2.50

Arizon

ARZ

2500

3.65

3.90

9,750

2.75

Breakwater

BWR

3000

1.99

1.99

5,970

1.25

Carmanah

CMH

3500

2.15

1.29

4,515

1.00

First Cal

FCP

2000

3.26

3.26

6,520

2.50

Gammon

GAM

800

7.68

7.68

6,144

6.50

IAMGold

IMG

700

8.67

8.67

6,069

7.50

Minefinders

MFL

1000

10.15

11.80

11,800

9.00

Cash

 

 

 

 

55,165

 

Cost:

100,000

 

 

Total:

112,433

 

 

 

 

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