Tony’s Takeaway: How to graduate from the school of rock
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Tony Locantro has been a client advisor/investment manager in the stockbroking industry since 1998. He’s focused on the small cap and emerging companies with a strong interest in identifying those in the mining, biotech and industrial sectors that offer growth potential.
He also delves into the psychology of speculation and provides regular insights on a number of social media and finance related outlets.
This week on Tony’s Takeaway, host Tony Locantro explains his “rock group approach” to building a portfolio.
Just as Pearl Jam’s Jeff Ament, Matt Cameron and Stone Gossard drove the prolific grunge band’s rhythm section, Tony demonstrates today which stocks in his portfolio are driving their own rhythm section.
Maronan Metals (ASX:MMA) is developing its namesake silver-lead project near Cloncurry in Queensland, already hosting a massive resource profile. Mineralisation is shallow-occurring and recent drill results show this beast has no signs of slowing.
Maronan was spun out of Red Metal (ASX:RDM), which retains 44% ownership of Maronan.
Red Metal is pushing along its Sybella rare earths project, also in Queensland about 20km from the iconic Mt Isa.
So what stock is the Eddie Vedder of Tony’s portfolio? You’ll have to tune in next time to see.
While Maronan Metals and Red Metal did not collaborate on this video, they are Stockhead advertisers at the time of publishing.
The views, information, or opinions expressed in this video are solely those of the author and do not represent the views of Stockhead.
Stockhead has not provided, endorsed or otherwise assumed responsibility for any financial product advice contained in this article. Viewers should obtain independent advice based on their own circumstances before making any financial decisions.
