
49th West Investor's Group
top 9 gold stocks recommendation
2008
ALEXIS MINERALS -
CAPITAL GOLD -
CENTRAL SUN MINING -
ELDORADO GOLD -
JAGUAR MINING
JINSHAN GOLD MINES
- METALLICA RESOURCES
- ORVANA MINERALS
- PEAK GOLD
49's stock picks in 2007 were mediocre at best. Our main disappointment was the
miscalculation in buying Glencairn Gold (Central Sun Mining). It
singlehandedly cut into the strong profits realized from Jaguar, Jinshan
and Capital Gold. The 49 portfolio finished with a 35% gain.
Our goal in 2008 is to
return to our investors a double from last year’s 35% return. We have
decreased the number of companies from the top fifteen to the top nine.
We
recommend buying with a one year investment horizon. Ignore the noise
that constantly harasses the gold markets because the noise will
eventually dissipate over the gold bull's charge. Main-stream media has
been doggedly resisting gold's value. Their resistance is futile because
the more investors question their brokers about adding gold to their
portfolio, the quicker the mainstream media will join the party. When it
comes to understanding the media, there is only one thing to understand
and that is – ratings are everything.
When
you hear statements such as…there is too much “eagerness” in gold; they
are trying to scare you into selling. Consider conducting a short poll
in the busiest sector of the locale you are and ask about ten different
people if they are following the story of gold’s resurgence. The results
will put the “eagerness” theory to rest very quickly.
Our information and
analysis provided is free. We will continue to update our worksheets
with quarterly reports. Q4 and Q1 results for gold mining companies are
a few weeks away and nothing less than record-breaking profits should be
expected.
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