Team Dollar

We all allocated £1,000 each with which to invest how we chose.
Emma chose gold mining company (Guyana Goldfields Corp 1 New Com NPV) , frankie scottish energy (Cairn Energy Plc) and clovis chose a fund mostly exposed to australian natural resources (Australian Natural Resources)

Emma
Gold companies relatively cheap, drilling results due over the next 3 months and will review once these are out.

Franks
Excellent Scottish company, positive indicative, drilling results will follow and we will review once these are out.

Clovis
Recommended fund manager and fund, growing sector and country, recent investment in infrastructure by country, australia is geographically well positioned to south east asia to sell raw materials to; which this fund is heavily exposed to.
We hope this sector will grow and will monitor over the next 12 months.

We have decided as a team that if any of our investments drops by 25% we will have a emergency review and take stock.

1 thought on “Team Dollar

  1. The extreme market fluctuation is making the whole team nervous, but despite the general downward trend of the markets globally, we are confident our picks will bounce back.

    Emmas pick is performing the best and she has high hopes that upcoming drilling results will push the stock price, quickly and through the roof.

    In the same vein despite some disappointing exploration results from Cairn Energy, they are currently concluding a sale of its Indian unit to Vedeta Resources; coupled with the fact that the company has $1billion in cash on its balance sheet makes us optimistic going forward.

    The rapid growth and urbanisation of South East Asia will continue regardless of market trends and Australian natural resources will be required. This is a pick with a long term view.

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