Top 5 Picks for 2007 Posted By: GreatTrades Post Time: 1/2/2007 14:31
Here are our top 5 stock picks for 2007. We believe all of these stocks should be great long-term investments and are worth accumulating at current levels or lower. Our top 5 picks for 2006 were up over 40% after one month, after which we sold all except the commodity stock and shifted to a focus on long-term investments in undervalued commodity stocks, shifting from the greattrades blog to the greatinvestments blog. The one top pick for 2006 we held on to was up over 266% for the year.
Roxmark Mines (RMKL in Canada, $0.21)
As we mentioned last month, Roxmark Mines (RMKMF in the U.S. or RMKL on the CNQ exchange) should get listed on the Toronto Venture exchange very soon, which should bring in new investors who haven't been able to buy the stock on the little known CNQ exchange. By the end of the year Roxmark should be in full production with their molybdenum mine and move toward 2008 production with at least one of their 6 former producing gold mines. The current market cap is around the same value or less than the value of their modern mill, which can process both molybdenum and gold, so there's little downside risk and very high upside from the coming molybdenum and gold production. This article from last spring has a great description of the Roxmark story:
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