Do you follow Amerigo Resources, Stephen? I am looking for a lower risk play in copper, and my logic on ARG is that the stock performance should reflect the higher copper price over time, without the exploration risk. Am I on the right track?
Also, I have been looking for a mutual fund that specializes in small and medium size base metal companies, as a high risk/high reward play on base metal prices. (I would be willing to pay their MER for their work, as I do not have the time or the expertise.) Any suggestions?
So far, all the 'resource funds' I have found are primarily energy related, and I have all the energy stocks I need right now. But I'm uncomfortably underweight smaller cap base metals. (I have BHP, TEK, N, AL in the large caps but, unfortunately, never pulled the trigger on AUR IMN or FM, as you have suggested to me in the past - dumb!)
Thanks for your help, Phil |
