>>23872338So long as one didn't go all-in on one stock that turned out to be a dud, a lot of the mining stocks recommended earlier on did well enough that a basket of stocks did okay. I put equal amounts of money into seven stocks and here's how they turned out:
Blue Lagoon: This is up 87% from my purchase price. I have started selling the stock but still have 75% of my position. Today's huge spike, if it holds for a week or so, should create more selling opportunities for Blue Lagoon stock. I don't know if the company is good or not but I'm nervous so I'm going to at least sell enough to get my cost basis back.
Bluestone Resources: This was a dog and is now called Aura Minerals. I'm down about 42% from my purchase price.
Dolly Varden Silver: This is up 78% from my purchase price.
Nicola Mining: One of the better picks although it languished for a long time. This is up nearly 200% (a triple) from my purchase price.
Klondike Gold: This is the biggest loser I bought and it's down 63% from my purchase price.
Pretium Resource: This got acquired by Newcrest which got acquired by Newmont. I sold Newmont late last year and my total return was 109%
Scottie Resources: Another relative poor pick. However, it's down only 13% from my purchase price.
All together, the above stocks are up 50.8% over 4 or 5 years. Not a great return but not catastrophic. I had other positions that I bought on my own such as Pan American Silver, Hecla, Alamos Gold, and Wesdome. O fthose, Alamos has done very well over a long period of time and Hecle was a beast last year.
