19 June 2017

News: PortfolioDirect has joined with the world's longest established equity crowdfunding platform to raise capital for the mining industry: LINK
Applications are now being considered.
Contents

Where are we in the Cycle?
The reversal of longstanding accommodative monetary policies by the U.S. Federal Reserve anticipates higher growth and inflation but financial markets are pointing to the reverse and highlighting the risks for resource sector investors, as they do so.       More...

Market Directions
U.S. equity valuations are at record levels but earnings are below their best.  On the mining front, iron ore and copper prices are implying divergent outcomes and different growth conditions despite the principal drivers of demand for the two commodities being essentially the same .    More...

Portfolio Performance and Positioning
Generally weaker sector prices through the week resulted in negative portfolio returns which continued to beat the benchmark performance hurdle for the month.  Phase I companies within the portfolio continue to top the performance table .  No changes have been suggested.     More...

Stock Reviews and Rating Analysis 
PortfolioDirect rating reports analyse the quality and risk attributes of proposed mineral developments.  Rating criteria apply to mining and oil and gas stocks at any stage of development.  PortfolioDirect uses a five point rating scale to measure the risk adjusted quality of proposed mineral developments or companies.    
For company reports & ratings...

The 'Steak or Sizzle' blog provides summary judgements on the top performing ASX-listed resources stocks. More...

Exploration Watch. Which exploration results are the most exciting, the most disappointing and the most anticipated?  More...

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Although the statements of fact in this report have been added from and are based upon sources the authors of the report believe to be reliable, their accuracy is not guaranteed and any such information may be incomplete or condensed.  To the extent permitted by law, the authors of the report are not liable for any loss or damage arising as a result of reliance placed on the contents of this report.  

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