At BMR we are focused on the junior resource market (specifically the CDNX) as well as identifying a small number of unique, undiscovered companies within that sphere that have tremendous potential (“home run” opportunities as we say). We learn as much about those companies as possible and we follow them closely. Our niche is monitoring the CDNX, a highly speculative and extremely interesting market, and putting forward some situations for your consideration that are worthy of further investigation and due diligence. We don’t give price targets and none of our suggestions should be construed as a “buy” or “sell” recommendation – you must do your own due diligence and you should also consult with a professional investment adviser prior to making any investment decision. We accept no compensation in return for coverage of any company at BMR, so we write what we choose to write. We also of course follow Gold very closely which has important ramifications for the CDNX.
From time to time it’s useful to stand back and examine our performance – are the companies we have selected doing well? Are we helping investors better understand the CDNX and the direction it may be headed? Are we effectively analyzing the Gold market? Of course we always appreciate hearing from our valued readers, whether it’s positive feedback or fair criticism, so by all means feel free to email us at: [email protected].
In terms of the “BMR Portfolio” – these are stocks we have researched very thoroughly and have a high degree of confidence in. We’ve never had more than 8 stocks in this group. There are currently 6 and we will be adding 1 or 2 more in the very near future, as well as possibly eliminating 1 more (North Arrow) for under-performance.
Through Friday, September 24, the BMR Portfolio is up an average of 156%. This includes the 6 stocks in the current portfolio and the 2 we eliminated last month (Kent Exploration and Greencastle Resources). Most of these stocks were introduced late last year or early this year. Five of the 8 stocks have registered impressive gains since they were first introduced, a winning percentage of 63%. Below, in order of performance, is the individual breakdown:
Up 686% Gold Bullion Development (GBB, TSX-V)
Up 317% Seafield Resources (SFF, TSX-V)
Up 150% Sidon International (SD, TSX-V)
Up 130% Richfield Ventures (RVC, TSX-V)
Up 53% Colombian Mines (CMJ, TSX-V)
Down 20% North Arrow Minerals (NAR, TSX-V)
Eliminated:
Down 31% Kent Exploration (KEX, TSX-V)
Down 34% Greencastle Resources (VGN, TSX-V)
The losses in Kent and Greencastle are based on the closing price of each stock August 13 when they were eliminated from the BMR Portfolio. Some of the gains were much higher for some of these stocks earlier in the year. Colombian Mines, for example, got as high as $1.62 for a gain of 170%; Seafield climbed as high as 35.5 cents for a gain of 492%; Gold Bullion hit an all-time high of 79 cents for a gain of over 1,000% early this month; and Kent Exploration, before we deleted it, was up as much as 53% at one point.
Past performance with all of these stocks of course is no guarantee of future performance with the BMR Portfolio.
We hope you appreciate what BMR has to offer, and again we would enjoy hearing from you at: [email protected].
God Bless and we wish you the best of luck with your investments!
