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MINING AND OIL STOCKS BEST PICKS FOR 2004     

xmortal - 08 Feb 2004 16:28

Decided to start this since the above seems to have had a great start this year and have the potencial to outperform the other sectors. All your inputs and reserch is always welcome. Here are my speculative picks.

African Diamonds (AFD)
Jubilee Platinum (JLP)
African Eagle (AFE)
African Gold (AFG)
Caledon Resources (CDN)
Minco (MIO)
Mano River (MANA)
Eurasia (EUA)
Brazilian Diamonds (BDY)
Petrel Resources (PET)
Emerald Energy (ENN)

xmortal - 21 Feb 2004 23:44 - 33 of 38

Thanks SH. your inputs are always greatly appreciated. Yes AFG is looking good, I bought some last Friday when it was 10% down to 12.5p. Most mining companies in the Gold trade have been either down or sideways trading. Not to panick as Gold prices are on the move up again.

PET have put forward their tenders for oil survey in Iraq. The shares took a massive dip few days before the announcement, and after the RSN and in two days the shares managed to score nearly 70% upward movement. If one tender is awarded then those who invested early will see lots of money but if none is awarded just abandon the shares asap. It is all or nothing wiht this one.

I am looking to purchase CDN, EEN & MANA Any views.

Andy - 21 Feb 2004 23:59 - 34 of 38

Xm,

MANA look a reasonable bet, (I hold), but why is everyone ignoring Firestone Diamonds, (FDI)?

Last year their turnover was in excess of 1 million, and profit came in at 162,000, a fall on the previous year due to the strength of the S.African rand.

Firestone are due to open their BE JV Bonte Koe mine very soon, and they have two very interesting procpects in Groen River, South Africa, and Mopipi in Botswana.

Firestone have no debt to speak of.

Their 14 million market cap compares,imho, VERY well with AFD, 34 million per ADVFN!



CaptainNaylor - 22 Feb 2004 00:41 - 35 of 38

CaptainNaylor - 22 Feb 2004 00:42 - 36 of 38

Minmet are about to fly, all the signs are their, any comment welcome, what do you lot think?

amberjane - 31 Mar 2004 02:07 - 37 of 38

xmortal
Did you add CAN to your portfolio a couple of days ago?? I commented on a thread a few weeks ago that I was looking at this company because I missed CFM and CAG and knew they were going to float and asked for any comments. There was no great responses so I'm new to this and thought well what do I know! However I've been busy last couple of days and 'forgot' BIG mistake, just saw they went from 3p to 9.5p. Sob, sob. Hope you bought as this seems to be your field. Regards, Amber

amberjane - 31 Mar 2004 02:07 - 38 of 38

xmortal
Did you add CAN to your portfolio a couple of days ago?? I commented on a thread a few weeks ago that I was looking at this company because I missed CFM and CAG and knew they were going to float and asked for any comments. There was no great responses so I'm new to this and thought well what do I know! However I've been busy last couple of days and 'forgot' BIG mistake, just saw they went from 3p to 9.5p. Sob, sob. Hope you bought as this seems to be your field. Regards, Amber
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