ADVFN Logo ADVFN

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for tools Level up your trading with our powerful tools and real-time insights all in one place.

Xtract Resources and Sefton Resources Two Very Hot Stocks to BUY

Share On Facebook
share on Linkedin
Print

Chris Oil been swamped by questions about (LSE:SER) Sefton Resources and (LSE:XTR) Xtract Resources after my interview with Justin Waite ADVFN podcast show. So i have tried to put down my personal thoughts on these two  companies both i believe are multi baggers because both companies have tiny market caps which enable speculative growth.

©

Xtract Resources (LSE:XTR) had an important holding rns yesterday stating Revelo Resources confirmed it was out 500m shares to zero which has been holding the stock down. Clearly now is the time to buy with the issue behind it and very good news moving forwards.

On fundermental grounds the company has excellent management history with a Chile gold mine in production ramping up to $17m income and $12m operational profit forecast on the tiny cap of 12m seems vastly undervalued. Remember value in the mining game is made with opening up a mine in profit not discovery as in the oil industry. With peers in the sector on values around £30m to £50m cap, we should all know where this company is going come profitable June RNS that has been quoted on a tv interview mentioning $500,000 profit within two months. Either hold or buy for a giant catalyst. It feels like a mini Ithaca Energy (LSE:IAE) with a greater upside in the short term. Remember risk /reward. Directors RNS also gives positive direction going forwards.

Jan transformed Pan African Resources from a cash shell to a 250,000 oz gold producer a repeat ?

The second company is the speculative high risk very high reward play of Sefton Resources (LSE:SER) on Tuesday ex ceo Dan Levi has excerised his options meaning he has bought them bringing his holding to over 3% in the company i would suggest this is a vote of confidence in the mists of unknown.

Because Sefton Resources is an investment based on the unknown not the overvalued cash shell at present. From speculation  in the media  new CEO will come in and   an asset will be bought that could value the comapny on much higher multipules this could be correct or incorrect.  However the point being made based on events something could be in the pipeline and would think the ex CEO excercised his options shows faith in the short term future.

Its not unreasonable to suggest giant upside based on investors demand for the stock based on the last two investor shows and whats happen to other recent past hot stocks for example (LSE:UKOG) events at Horse Hill.

If you hold keep holding if your watching buy on the dips . I declare i do own both stocks above however due to my busy life only had time to post about these two speculative hot stocks today.

Will be on Justin Waite show again this Thursday April 30th talking about both of these hot stocks.

If your interested in advfn they have excellent data and level 2 on companies mentioned well worth registering below.

Until the next tome more ramblings from the castle can be seen @chrisoil

http://www.chrisoil.blogspot.co.uk

 

 

 

CLICK HERE TO REGISTER FOR FREE ON ADVFN, the world's leading stocks and shares information website, provides the private investor with all the latest high-tech trading tools and includes live price data streaming, stock quotes and the option to access 'Level 2' data on all of the world's key exchanges (LSE, NYSE, NASDAQ, Euronext etc).

This area of the ADVFN.com site is for independent financial commentary. These blogs are provided by independent authors via a common carrier platform and do not represent the opinions of ADVFN Plc. ADVFN Plc does not monitor, approve, endorse or exert editorial control over these articles and does not therefore accept responsibility for or make any warranties in connection with or recommend that you or any third party rely on such information. The information available at ADVFN.com is for your general information and use and is not intended to address your particular requirements. In particular, the information does not constitute any form of advice or recommendation by ADVFN.COM and is not intended to be relied upon by users in making (or refraining from making) any investment decisions. Authors may or may not have positions in stocks that they are discussing but it should be considered very likely that their opinions are aligned with their trading and that they hold positions in companies, forex, commodities and other instruments they discuss.

Comments are closed

 
Do you want to write for our Newspaper? Get in touch: newspaper@advfn.com