The 4 largest categories in the BMR Top 50 Opportunities List unveiled in early December 2015 are all showing solid momentum entering the 2nd quarter of 2016.
Combined, the 5 initial categories from December 4 have posted a stellar average return of 41.8% vs. a 12.4% advance for the Venture. The TSX is up less than 1.0% during that time while U.S. equity markets are off slightly. Gold has climbed 12.5% since December 4.
The BMR New Additions category is already up 29.5% since February 23, comprising Calibre Mining (CXB, TSX-V), Canasil Resources (CLZ, TSX-V), Gold Bullion Development (GBB, TSX-V), Nevada Energy Metals (BFF, TSX-V), Purepoint Uranium (PTU, TSX-V) and Savary Gold (SCA, TSX-V).
The Explorers category, featuring 17 companies, has taken over top spot as it has now climbed an average of 53.4% since December 4 led by Cordoba Minerals (CDB, TSX-V), Lithium X Energy (LIX, TSX-V), NexGen Energy (NXE, TSX-V) and Pure Gold Mining (PGM, TSX-V) with massive gains of 277%, 221%, 202% and 129%, respectively. Two slow-out-of-the-gate stocks in 2016 that enjoyed powerful runs during the 2nd half of 2015, Equitas Mining (EQT, TSX-V) and Garibaldi Resources (GGI, TSX-V), are showing signs of reversing with potential significant catalysts on the immediate horizon.
The Near-Term Producers/Advanced Resources category is up 45.7%. True Gold Mining (TGM, TSX-V), about to be merged with Endeavour Mining (EDV, TSX), has surged 102% since December 4. Gold Standard (GSV, TSX-V), Nemaska Lithium (NMX, TSX-V) and Kaminak Gold (KAM, TSX-V) have climbed 96%, 76% and 75%, respectively.
Gold Producers strengthened last week and are now ahead 39.9% with Richmont Mines (RIC, TSX), Claude Resources (CRJ, TSX) and Kirkland Lake Gold (KGI, TSX) setting the pace with gains of 77%, 71% and 70%, respectively. Seven of the 8 selections in that category have gained in value.
The Sleepers Under A Nickel category has surged 73.3% while the Non Resource category is gaining traction, now up 12.8%.
In tonight’s report is an updated performance review of each category through the end of last week’s trading. In total, 35 of the 50 picks have increased in value since the 4th of December, 13 are down and 2 are unchanged. The average return so far, as mentioned, is an impressive 41.8%. We’ll be issuing an updated Top 50 Opportunities List (#2) in the near future.
1. Three explorers post gains of 200% or better…
2. Three smaller-sized Canadian-only producers outpace the majors…
3. Certain non-resource plays that could surge during this 1st half of 2016…
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