December 30, 2016
By Dudley Pierce Baker
Founder – Editor
http://JuniorMiningNews.com
http://CommonStockWarrants.com
25% of my personal portfolio is invested in long term stock warrants on companies which I like and are in the resource sector.
75% is invested in the common shares of resource companies and/or special situations which I believe have the potential to gain 1,000% or more.
A 10 Bagger – is my goal on all of my positions.
This year Canadian Zeolite Corporation, TSXV:CNZ and CNZCF was one of my top performing companies.
I invested in CNZ over the last couple of years at prices below C$0.10 a share and my Gold and Lifetime Subscribers, have been told many times of my position and I have frequently mentioned CNZ in my weekly audios.
The shares could have been easily bought at prices below C$0.10 by all knowledgable investors.
CNZ was trading quieter than a mouse until the positive news began to flow in June 2016 and then things got exciting. You can see the company’s press releases here.
The chart below will show you exactly what I mean. After basing between .30 and .40 it soared to .90 and after a quick correction back to .70 headed straight up to 1.95.
Wow! However good the news from the company, I personally hate to see shares go parabolic and this is what happened as you can see below. History has taught me to sell into a parabolic move as difficult mentally that is to do.
I began selling around .80 and then 1.30 and then 1.93, just below the peak price of 1.95. In effect, I sold about 60% of my position and still retain the balance.
As you can see the shares plunged about 50% after the parabolic move up and the shares are currently trading at 1.17.
Investors can decide for themselves the future fate of the share price but I am holding for now and captured some substantial gains as much as 2,000% have bought below .10 and selling as high as 1.93 and my subscribers could have done the same thing.
CNZ remains one of my top positions even after selling 60% of my holdings.
This is an example of the gains which I am looking for, whether in stock warrants or in common shares.
Check out the chart below and you will probably wish you had been a subscriber.
Also see my other two write ups of outrageous gains in 2016:
Northern Dynasty Warrants B – over 1,000%
Canasil Resources – 2,000%
Disclosure: Neither Dudley Pierce Baker nor CommonStockWarrants.com is an investment advisor and any reference to specific securities does not constitute a recommendation thereof. CommonStockWarrants.com is an online newsletter providing complete details on all stock warrants trading in the United States and Canada. The information and opinions expressed should not be construed as a solicitation to buy any securities mentioned in this service.
