1 October we become SureStone CapitalSame team, same ABN. Our website and email addresses move to surestone.com.au.
Preparing video
Keith Della-Vedova from CPS Capital outlines the potential of tax loss selling nearing the financial year's end as an opportunity for investors. With companies trading at cash, investors can find bargains, especially within small caps like Simex Strata Minerals and Rincon Resources (ASX: RCR).
Keith highlights the current dynamics in precious metals, with gold prices climbing and silver playing catch-up. He notes the scarcity of silver stocks on the ASX, mentioning West Coast Silver's recent acquisition in Western Australia and its promising drilling programme. This presents opportunities for investors to gain from silver's rising trend.
In the gold sector, Keith draws attention to promising developments in West Africa, particularly Côte d'Ivoire. Companies like Desert Metals are gaining traction as they initiate new drilling programmes. Despite some sovereign risk in Africa, Keith believes strategic investments in pro-mining countries can yield substantial returns.
