Page 26 - What is the Squad List?
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Going back to my B.R.I.D.G.E. system.
B.R.I.D.G.E. is an acronym for Balance sheet, Resources, Infrastructure, Diversification, Grade and Exploration potential.
I go into each of these in more detail in my newsletters and the book, but in a nutshell, I’m looking for:
Balance sheet – Is it right for the company?
Resources – Do they have any and if so, what?
Infrastructure – What roads, power and water are nearby?
Diversification – Are they involved in just one project or do they have irons in other fires?
Grade - What is the grade like?
Exploration potential – What’s the potential to find more?
This is really basic stuff, but I’m constantly amazed at how people fail to look at some (in some cases all) of these factors.
The ones that tick my boxes make it onto my long list (as I mentioned earlier, you can think of it as a fantasy football squad, with goalkeepers being lower and forwards higher risk). Once I’ve got a long list I can start building my portfolio.
With my newsletters, reports and book I help you select these companies, or if you buy my Squad List, you can save a huge amount of time doing research and get the ones that I look at to build my own portfolio.
GET THE COMMODITY PORTFOLIO SQUAD LIST
At the end of step 2 you should have a long list of companies, several in each position.
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