The resource section of the BMR Top 50 Opportunities List unveiled in early December 2015 is up a staggering 184% in 8 months (273% annualized return) with half of the 39 picks posting triple-digit percentage gains.
This compares to a 56% advance for the Venture and a 23% climb in Gold during the same period. The TSX is up 9.7% since then, the Dow has advanced 3.9% while the NASDAQ is up slightly.
Individual category performances (comprising 50 stocks) are as follows:
PRODUCERS: Up 135%
NEAR-PRODUCERS: Up 196%
EXPLORERS: Up 174%
EXPLORER SLEEPERS UNDER A NICKEL: Up 324%
NON-RESOURCE: Up 40%
The Explorers category showed the best gains last week. In today’s report is an updated performance review of each category through August 5, and comments on individual companies for our subscribers.
In total, 40 or 80% of the 50 picks have increased in value while 10 are down over the last 8 months. The average return so far for all 50 companies is an impressive 152% or 226% on an annualized basis.
Cordoba Minerals (CDB, TSX-V) tops the list with a gain of 638% followed by Pure Gold (PGM, TSX-V) at 586%, Kiska Metals (KSK, TSX-V) at 567%, Lithium X Energy (LIX, TSX-V) at 468% and Brazil Resources (BRI, TSX-V) at 417%. GoldQuest Mining (GQC, TSX-V) is charging hard, now up 359%.
Not included in the above statistics are the 41 recent additions (New Additions), companies that have been added at various times since late February – most of them since the beginning of May. Combined, this group is already up 65% (gained 10% just last week) with Heart of Gold Camp leader Colorado Resources (CXO, TSX-V) setting the pace with a gain of 369%.
Other companies in the Golden Triangle’s Heart of Gold Camp have posted impressive returns over a short period. One of them is upstart Aben Resources (ABN, TSX-V) which has surged 357% after a 50% advance last week (it has consolidated a 230 sq. km belt). ABN has momentum and less than 20 million shares outstanding for a market cap of just $5 million. Tudor Gold (TUD, TSX-V) has shot up 140% since Walter Storm’s deal started trading in mid-May while SnipGold jumped 130% before being officially acquired by Seabridge Gold (SEA, TSX) in late June. Meanwhile, Skeena Resources (SKE, TSX-V) is ready to drill the margins of the past producing high-grade Snip mine. It climbed nearly 20% last week and is looking very strong.
BMR recently correctly predicted potential takeovers of both Dolly Varden Silver (DV, TSX-V) and Homestake Resource (HSR, TSX-V), up 264% and 91%, respectively, since we broke the story June 7 (click here) about Hecla Mining (HL, NYSE) purchasing 600 sq. km of claims in the Kitsault district (80 km SE of Heart of Gold Camp) near DV and HSR from a private group. Homestake is being acquired by Auryn Resources (AUG, TSX-V) while Dolly Varden has raised $7 million to fend off a hostile takeover bid (at least for now) by Hecla.
Clean Commodities (CLE, TSX-V), formerly Athabasca Nuclear, has built a powerful Canadian clean commodity brand that includes an impressive package of recent Lithium property acquisitions as well as strategic PGE, Uranium and Diamond properties. Exploration has started at CLE’s Whabouchi-area properties and the stock broke out Friday on much higher than average volume.
The BMR Non-Resource category is picking up steam, led recently by technology play Deveron UAS (DVR, CSE) and medical marijuana plays Aphria (APH, TSX-V) and Canopy Growth (CGC, TSX-V). Deveron is up 150% since it resumed trading July 19 and should make further noise this quarter as Canada’s only publicly traded company with a service-based drone business focused on the agriculture sector.
1. Last week’s Top 10 Gainers, some with very powerful momentum…
2. A Nevada Gold play gearing up for drilling that could make investors very happy this month…
3. The high-grade Silver and Cobalt play under 10 cents that has broken out on record volume…
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