Hi All,
Food for thought, we are entering a gold bull runwith many factors feeding it, fear of corona virus, money printing, high sovereigndebt and many more.
Here’s a sample of the performance of some overseasgold stocks during the last bull run for gold between the end of 1978 and thepeak of the mania in September 1980 (excluding trading costs).
Source:BullionVault
Look at smaller gold and silver stocks around theworld, and you’ll see just how profitable the mania was for some speculators willingto take a risk, and who bought and sold at the right time.
In fact, for some very small stocks — and many inthe list below are American and Canadian you can only roughly calculate thegains, since they were so volatile.
Stock & Ticker
Percentage
Gains1 NRD Mining – NMN
38,200%
2 Silverstack Mines – SVR
36,000%
3 Banner Resources – BSS
32,000%
4 Carolin Mines – CLL
28,250%
5 United Hearne Resources – UHR
23,300%
6 Consolidated Cinola Mines – CSZ
22,000%
7 Cusac Industries – CQC
21,200%
8 Copper Lake Explorations – CKX
21,000%
9 Balmoral Mines – BME
20,000%
10 New Cinch Uranium – NCU
19,667%
11 Joutel Copper Mines – JTL
18,800%
12 Page Petroleum – PGE
17,600%
13 United Westland Resources – UWR
17,500%
14 Twin Richfield Oils – TWR
16,800%
15 Bearcat Explorations – BEA
14,500%
16 Futurity Oils – FTY
14,000%
17 Canadian Bashaw – CNB
14,000%
18 Arizona Silver Corp – ARZ
13,500%
19 Dumagami Mines – DM1
13,300%
20 QMG Holdings – QMG
13,267%
Source:Gold Charts R Us
Keep in mind: Not all gold stocks performed likethese. Gains like that are extraordinary. And you would’ve had to brave someextremely high volatility — and take a high-risk punt to generate gains like that.
Moh is a stock that has a management (TerryStreeter) that has taken 2 stocks from penny dread full to market leadingproducers and in a gold bull run you can dare to dream.
Good luck to all.
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