UK 17:57 Friday, 23 October 2026
Breaking news and expert analysis on fast-moving AIM and LSE listed shares
For the past five years owning shares in mining companies has been investment suicide. And in three years on the Nifty Fifty website Steve Moore and I have tipped just three mining stocks and now follow just one. Avoiding the sector has helped us deliver returns averaging more than 20% per annum. But now we are planning to tip a mining stock TODAY.
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Comments
DUCK AND DIVE
And a week later,the whole sector falls off a cliff…Must have been something you said (or maybe Chris Bailey).
Andrea Gonella
it is time to selectively buy pm stocks only.
within 10% of bottom at worst imo.
Chris Bailey
@Duck and Dive – you probably need more than a week’s evidence. The key (as I have said in my articles on mining related topics over recent weeks) is selectivity, strong balance sheets, an understanding of sentiment and patience. That I am still up on the ’10 quid a share is rude’ call on Billiton just under a month ago near the nadir of the market (so far) or that xyz has happened on xyz posting since is irrelevant. What I am interested in are those 20%+ gain potentials on large cap stocks – and in most cases they take a bit of time. If (say) Billiton shares fall 10/15% from here or (say) a year elapses and returns are negligible at best then criticise away. Unless you are a day trader too much noise focus means you risk not seeing the wood for the trees. Good luck.
JustCurious
Well said Chris. And may I take this opportunity to thank you for the BLT tip, I followed your advice and I am very happy with it so far, notwithstanding yesterday’s fall
martin ashworth
Justcurious, I take it that you are happy with your BLT purchase because the price has gone up, rather than being happy with the economic fundamentals of the Company. Clot !