Blackham Resources (BLK), Sheffield Resources (SFX), Global Petroleum (GBP) and Crusader Resources (CAS) were reviewed and rated last week in...
John Robertson
PortfolioDirect
Blackham Resources (BLK), Sheffield Resources (SFX), Global Petroleum (GBP) and Crusader Resources (CAS) were reviewed and rated last week in PortfolioDirect/resources. The Blackham review was an update after a savvy move to acquire mining and milling facilities adjacent to its existing WA properties. Sheffield Resources is one of the best positioned exploration companies in the sector. Its investment return over the current cycle has been among the top 2% but something more is possible with potentially good results from an iron ore drilling program slated to commence in June. Crusader is a Brazilian iron ore producer selling to Brazilian steel makers and worth thinking about from a valuation viewpoint and to reduce the influence of China on resource portfolios. Global Petroleum is a play for the most stout hearted and adventurous. Small companies should not be drilling for oil in offshore deep water locations.
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John Robertson is Chief Investment Strategist for PortfolioDirect a provider of resource sector investment stock ratings and portfolio strategies for mining and oil and gas investors. He has worked as a policy economist, corporate business strategist and investment market professional for over 30 years after starting his career as a Commonwealth Treasury economist in Canberra. Since being Australia's top-rated commodities analyst and chief economist at one of Australia' leading stockbroking firms, he has advised companies across the mining, consumer products, IT and biotech sectors on their equity market relations. He leads the firm's investment evaluation and security structuring activities on behalf of the Australian Small Scale Offerings Board (ASSOB), the world's first equity 'crowdfunding' investment platform. John Robertson discusses the interaction of mining and investment markets in his weekly 'From the Capital' column in Mining Journal.
John Robertson
PortfolioDirect
John Robertson is Chief Investment Strategist for PortfolioDirect a provider of resource sector investment stock ratings and portfolio strategies for mining and oil and gas investors. He has worked as a policy economist, corporate business...
Expertise
No areas of expertise
John Robertson
PortfolioDirect
John Robertson is Chief Investment Strategist for PortfolioDirect a provider of resource sector investment stock ratings and portfolio strategies for mining and oil and gas investors. He has worked as a policy economist, corporate business...
Expertise
No areas of expertise
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