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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