Portfolio Re-Balancing

by JDH on December 19, 2006

For those of you who read my weekly commentary on December 15, you will know that I planned a major re-structuring of my portfolio.  I was somewhat busy on Monday (which was good, because almost everything was up), but today I began the selling process to free up the cash necessary to start buying.

I sold some PNP.TO – Pinetree Capital Corp., MGA.TO – Mega Uranium Ltd., and FRG.TO – Fronteer Development Group Inc., and started buying DML.TO – Denison Mines Corp., MAW.V – Mawson Resources Ltd. and SAN.V – Santoy Resources Ltd..

The plan is to bring my portfolio in to line with my suggested portfolio (you can see the spreadsheet here: Suggested Portfolio Spreadsheet).  It will take a day or two to complete the re-organization.  Time will tell if this was the correct strategy.

{ 0 comments… add one now }