Loading ...Junior companies performance in Gold Bull trend
Edit: This post is not meant to say that these are the buys to look forward to when gold turns around. All it is that historically juniors perform very well. Going forward a new set of juniors may emerge and those listed on list from Sir Spock after his DD to focus on putting in the coffee can.
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Some time back in comment section Carolynesue had a list of juniors performances during 1970’s bull market. It was impressive.
Looking at the just recent past bull market from 2009 to 2011 there is an more impressive list.
Spock had a good profitable time I suppose!!
Not to mention from 2003 to 2007 few exploration companies had most impressive performance from sub $1 to high by 2008 without making any profit:
Aureline 41 bot out by Kinross for Billions
ANV 41+
NAT 21+
NG 21+
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From 2009 bottom to 2011:
EPL 0.64 – 1.28
GMO 064 -7.25
KAM 0.30-3.89
KDX 0.30-3.89
LRA 0.24-2.01
MRO 0.30-10.5
MRZ 0.04-7.94
NOX 0.35-0.97
ATC 0.07-10.34
AUN 0.68-10.05
AUNFF 0.36-10.48
AXU 0.43-10.25
CS 0.65-4.99
DNT 0.13-2.63
GQ 0.01-4.89
GSS 0.39-6.02
IPT 0.175-3.14
THM 0.83-10.49
LYD 0.11-3.21
ORE 0.26-5.26
ROG 0.01-2.27
SAS .065-1.71
SMF 0.729-14.00
VIT 0.085-1.55
AZ 0.55-3.16
These were the underdogs but there are many more. Just in two years of gold bull market achieved these performance.
Will It repeat again?? remains to be seen. Will same companies if they are in business will go back to old highs ???
Those are the ????
Good Luck!!!!!
Impressive Bikko
The good old days seem a lot better with each passing year
Thanks for that
THM 22c… so sad. This is why I let Rob McEwen and Keith Newmeyer have my money. Their ability to sort out the real gems in the “junk” and I mean the perceived junk… not the Richmonts and Lake Shores, is something that few people have.
I have bought stock in 45 companies in the last month—6 are uranium miners and the rest gold and silver and I expect to have as much good fortune as the buyers who bought miners in 2009 had. I’m not going to pay any more attention to these miners by trying to second guess whether I got the right ones..the best ones…really I believe that all of them are going to go up—all the boats will be lifted up when gold and silver start to shake their tail feathers……this sector is teensy, teensy, teensy tiny and when money starts to flow into it everything is going to catch a bid…..in the end I’ve heard that the companies that do the best are those with the most gold and silver in the ground rather than production but in the end EVERYTHING will go up and will go up BIG—just like those crazy dot.com stocks did in 1999!
You got the pulse of the sector. The time is getting mighty close. I agree that get some 30 to 40 at these levels and wait it out for rising tide. All it need is 5 -7 to go higher level and you made it.
As Bob Hoye always says : ” When speculation begins on Venture exchange traders’ due diligence is they call up the company and if any one answers they hang up buy the stock.”
Company is still in business.LOL!!!!
Today is very important to find the right “musketeers” since we are still in a bear market.
If a new bull market will born,probably any stocks with the “GOLD” label will rise.
The average buy price of these 23 stocks is $0.32/share and the average selling price is $5.57/share –so one would have made 17 times one’s initial investment –almost a 20 bagger