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Business & Economics Investing

Resources Rock

by (author) Mal Spooner & Pamela Clarke

Publisher
Insomniac Press
Initial publish date
Mar 2004
Category
Investing
  • Hardback

    ISBN
    9781894663625
    Publish Date
    Mar 2004
    List Price
    $29.95

Classroom Resources

Where to buy it

Description

Resources Rock is an easy-to-read introduction to the resource sector as it gears up to take off for the first time in over two decades. Readers will learn how to invest in natural resource stocks, including diamonds, gold, base metals, oil and gas, forestry and fertilizer companies. For years, the average prices of shares in resource sector stocks, for everything from gold to diamonds to forest products, have been at record low levels. But it's not going to stay that way forever. North American and European economies are showing signs of making a long-awaited rebound in 2005, so manufacturers will have to start buying raw resources as fast as they can in order to meet the needs of their customers. Metal prices (gold, silver, etc.) have been rising in the past year and will continue to rise.

About the authors

Malvin Spooner is a veteran fund manager and president and CEO of one of the fastest growing mutual fund companies in North America, Mavrix Funds. Spooner`s resource-based mutual fund posted a one-year return of 100% in 2003, just twelve months after it was launched. Malvin Spooner lives in Toronto, Ontario.

Mal Spooner's profile page

Pamela Clarke's profile page