Aggressive Portfolio February 15, 2008:
The Aggressive Portfolio is currently focused on the precious, base metals and energy sectors in the belief these will out perform in the coming months. These sectors have very strong fundamentals regarding demand and should be able to weather an economic slow down in the US better than most.
Economic uncertainty is going to dominate the equity markets in North America over the next 9-12 months as the deteriorating position of consumers becomes far more obvious and wide spread. The consumer has been the driving force in the economy and any weakness by this group will be felt across a wide range of sectors. The energy, base and precious metal sectors are tied more directly to the economic growth in Asia than to that of North America. Asia is in a multi-decade growth phase that is not likely to see a serious set back for years. The economic changes taking place Asia remain strong and are building momentum not slowing. The creation of millions of middle class families will have major long term impact on the region that has the potential to drive global demand for decades in to the future.
Aggressive Portfolio February 15, 2008:
Company |
Symbol |
Shares |
Cost $ |
Market $ |
Total $ |
Stop |
Anderson |
AXL |
2000 |
3.25 |
3.51 |
7,020 |
2.00 |
Arizon |
ARZ |
2500 |
3.65 |
3.98 |
9,950 |
2.75 |
Breakwater |
BWR |
3000 |
1.99 |
1.34 |
4,020 |
1.10 |
Carmanah |
CMH |
3500 |
2.15 |
1.05 |
3,675 |
0.90 |
First Cal |
FCP |
2000 |
3.26 |
2.24 |
4,480 |
2.00 |
Gammon |
GAM |
800 |
7.68 |
6.11 |
4,888 |
6.00 |
IAMGold |
IMG |
700 |
8.67 |
7.22 |
5,054 |
7.00 |
Minefinders |
MFL |
1000 |
10.15 |
10.46 |
10,460 |
9.00 |
Cash |
|
|
|
|
55,165 |
|
Cost: |
100,000 |
|
|
Total: |
104,712 |
|
Original investment January 15, 2007: $100,000
|