December 29, 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.
Canasil Resources, TSXV:CLZ and CNSUF, has been one of my personal picks for several years and I have bought the common shares from as low as C$0.03 to C$0.12.
My Gold and Lifetime subscribers have been aware of my position in CLZ as it is in my personal portfolio which they get to see as well as my frequent comments in my weekly audio.
CLZ has a portfolio of 7 silver properties in Mexico and a property in B.C. Canada. See details here.
From the chart below you will see that CLZ could have been purchased by knowledgable investors for C$0.035 in early December 2015. The shares soared on good drill results and hit a yearly high of C$0.73 in early September. Thus I, my subscribers and others could have banked gains of up to 2,000% in less than one year. Pretty cool.
I wisely lightened up my holdings along the way selling in the .40s range and in the .60s after the shares peaked.
In hindsight, my selling of approximately 50% of my holdings was very timely as the shares plunged in price and are now trading today at .16 as we are closing out tax loss season.
In fact, I recently repurchased a nice block of shares at .155, upping my position.
Doug Casey’s International Speculator has the shares as a buy as they recommended the shares on October 16th at C$0.255.
This is another 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.
If you did not see my previous report on December 28th on Northern Dynasty WTB, 1,000% gains, click here.
In my current portfolio are numerous common shares and stock warrants which have the potential to be big winners in the next year or two.
Yes, in many I see 1,000%, 2,000% and more in gains.
We need to be comfortable that gold and silver have put in bottoms before we get really aggressive but those bottoms should either already be in place or will be in by early February 2017. However, this is a great time, in my opinion, to be positioning yourself for big gains in the next few years.
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.
