The Explorers category has the most momentum and has taken the lead among the 5 categories in the BMR Top 50 Opportunities List that was unveiled in early December.
The Explorers category, featuring 17 companies, has climbed an average of 46.9% since December 4, led by Cordoba Minerals (CDB, TSX-V) and Lithium X Energy (LIX, TSX-V) with massive gains of 277% and 196%, respectively.
Combined, the 5 initial categories from December 4 have posted a stellar average return of 37.9% vs. a 12.2% advance for the Venture through Thursday, March 24. The TSX is unchanged during that time, the Dow has fallen 1.9% while the NASDAQ is off 7.2%. Gold has climbed 12.3% since December 4.
The BMR New Additions category is already up 24.9% since February 23, comprising Canasil Resources (CLZ, TSX-V), Calibre Mining (CXB, TSX-V), Gold Bullion Development (GBB, TSX-V), Nevada Energy Metals (BFF, TSX-V) and newcomer Savary Gold (SCA, TSX-V) which joined that list last week.
The Near-Term Producers/Advanced Resources category is up 42.8%, down a few percentage points from March 18. True Gold Mining (TGM, TSX-V), about to be merged with Endeavour Mining (EDV, TSX), has surged 92% since December 4. Nemaska Lithium (NMX, TSX-V) is up 81%, Gold Standard Ventures (GSV, TSX-V) has gained 75% while Kaminak Gold (KAM, TSX-V) has jumped 74%.
Gold Producers have weakened recently but are still up 36.5% with Kirkland Lake Gold (KGI, TSX), Claude Resources (CRJ, TSX), Richmont Mines (RIC, TSX) and OceanaGold (OGC, TSX) setting the pace with gains of 71%, 67.5%, 62% and 40%, respectively. Seven of the 8 selections in that category have gained in value.
The Sleepers Under A Nickel category has surged 84.4% while the Non Resource category has posted a modest gain of 7.7%.
In this morning’s report is an updated performance review of each category through the end of last week’s trading. In total, 34 of the 50 picks have increased in value since the 4th of December, 14 are down and 1 is unchanged. The average return so far, as mentioned, is an impressive 37.9%. We’ll be issuing an updated Top 50 Opportunities List (#2) in the near future.
1. Four explorers post gains of 120% or better…
2. Opportunities in some “slow out of the gate” stocks…
3. Certain non-resource plays that could surge during this 1st half of 2016…
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