The ups and downs of speculative investing
I am having a good run with junior stocks (mostly uranium and gold) although they went down somewhat recently. I only put a small amount of money in those stocks just for fun and to try to make some extra money. I still hope that my odds are better than going at the casino :-) Please don't do this unless you're fully aware of the extremely high risks (I could lose it all in a single day!).
I bought all of them early this year with pretty much the same amount in each. Here's my scorecard so far ... you'll see that it's not only positive:
| Stock | Ticker | % | Type |
| Ditem Explorations | DIT-X | 62.8 | Uranium |
| Virgin Metals | VGM-T | 62.8 | Molybednum |
| Celtic Minerals | CME-X | 28.4 | Gold |
| Formation Capital | FCO-T | 24.2 | Cobalt |
| Sea Green Capital | SGS-X | 15.8 | Uranium |
| CanAlaska Uranium Ltd. | CVV-X | 4.7 | Uranium |
| Mundoro Mining | MUN-T | -9.1 | Gold |
| Planet Organic Health | POH-X | -14.1 | Retail |
| San Anton Resource | SNN-T | -17.1 | Gold |
| | GIS-X | -18.2 | Software |
3 comments:
You're more up than down, that's the important thing!
FT
why the one cobalt stock...do ya like the cobalt sector??
FT: good point :-)
nonymous: I've read in Investors Digest that Cobalt was going to be one of the next minerals to be "hot" and was probably less overvalued at this point. Usual story: demand will increase, offer is limited.
Post a Comment