The steak or the sizzle?

‘All sizzle and no steak’ is a well-worn descriptor of excitement unmatched by product quality and one that springs to mind when reviewing outsized mining stock returns. By John Robertson*

The steak or the sizzle? The steak or the sizzle? The steak or the sizzle? The steak or the sizzle? The steak or the sizzle?

Twenty ASX-listed resources companies produced returns in excess of 400% in 2016. The top five performing stocks averaged gains of 1,500%.