My name is Faron Benoit and I’m the owner of ResourceBoom.com. I’m a Student at McMaster University and I’m studying ecnomics and stats. I invest in commodity stocks because of my bullish view of the resource sector. This site is a project that I’ve started that will help me stay up to date with commodity trends and news.
I’ve created a challenge for myself and will be using this site to monitor my activities. I started the Challenge on December 1st, 2006. Updates, Current picks and stocks on my watchlist can be found at the top of the page under the title.
The ResourceBoom.com Challenge:
To take $16,500 and turn it into $50,000 in 365 days. All stock purchases, sales and capital gains/loses will be monitered on this site. The following rules have been created for the challenge:
*1. Only Canadian commodity stocks; TSX or TSX-V.
*2. No bonds, GICs or any interest bearing investments shall be purchased during the 365 day timeframe.
*3. All stocks must be held for atleast a week and will be researched and analysed before being purchased. All analysis and research will be posted on this site.
*4. No stock purchases under 10 cents or over $5.00.
Thank you for visiting and I hope this “information portal” will one day be a tool investors can use to invest in resource stocks.
