Track Record

Valuation is relative. If you would be invested in American Gold & Silver or Bear Creek, you lost 75% of your capital since the last august Silver top. Meanwhile, we are up during an exhausting consolidation in the metals.

buy low and sell high: that’s exactly why we sell Aya to initiate 10 cheap positions. Being a contrarian sounds much more easy as it is.

We are at only +20% since Sept 2020 but that is the price we pay to be positioned before the impulse leg get’s going. in small juniors the only way is to be seated.
2018, 2019 and 2020 all returned triple digit returns.
Many of the investments we closed kept falling. Looking back and evaluating our decision making is key to keep learning. a junior can be cheap even after +300% and others can be expensive after a 20% drop. Why? Because over the time to you are invested you keep learning a lot about the company, the way they work, the communication & the management.

While we aim to have long term multiyear positions, the average hold time is +-12 months. Sometimes we cut loosers faster or we just need patience for the story to unfold.

Here is our track record with the name of the company, the entry price, the current price OR the exit price in case the investment was closed.

Last update August 18 - 2021

additional closed positions from 2020 to be added
Argent Minerals
Rio2
Anaconda Mining
Orca Gold
Skeena Resources
Fiore
Radisson
Probe Metals
Integra Resources
Chesser Resources
Goldmining
Osino Resources
Roscan Gold
1911 Gold
Argonaut Gold
Steppe Gold
Belo Sun Mining
Amarillo Gold
Aurion Resources
Euro Sun Mining
Troilus Gold
Silver Sands
Nubian Resources
Avino Silver
Tier One Silver
Allianza Metals
Outcrop Gold