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« Gold: Volatility Decreasing | Main | High River Gold Mines Ltd: Upside Breakout »

Stock Picking Contest: 1st Place

We are delighted to report that our very own gold bug Joe Kirtley has won this competition.

We entered this competition six months ago with a selection of mainly uranium stocks, as we believed that uranium would make good progress in the first half of this year. Well uranium did deliver the progress that we were looking for, but the uranium stocks decided to go on vacation so our entry finished in 83rd place out of 527 contestants.

As sometimes happens within a team the decision to go with uranium stocks was not unanimous and our gold bug decided to go it alone and enter his own selection. He chose Rio Narcea Mines Limited (RNG on the TSX) for all of his 10 entry slots and they were taken over by Lundin Mining. RNG started the competition at $3.03 and ended it at $5.40 for a gain of 78.2% in approximately six months.

Anyway he has won this competition so we can now sack him for thinking for himself and refusing to bend when under severe pressure – only joking!

Finally, many thanks to Eric Hommelberg at for organising a terrific competition, we are already looking forward to the next one.

Our trading record regarding options is being updated constantly. However, to see exactly how it is going, please click this link.

So, the question is: Are you going to make the decision to join us today, before we decide to cap membership.

Stay on your toes and have a good one.

Got a comment then please add it to this article, all opinions are welcome and very much appreciated by both our readership and the team here.

To stay updated on our market commentary, which gold stocks we are buying and why, please subscribe to The Gold Prices Newsletter, completely FREE of charge. Simply click here and enter your email address. (Winners of the GoldDrivers Stock Picking Competition 2007)

For those readers who are also interested in the silver bull market that is currently unfolding, you may want to subscribe to our Free Silver Prices Newsletter.

For those readers who are also interested in the nuclear power sector you may want to subscribe to our Free Uranium Stocks Newsletter, just click here.

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Reader Comments (2)

Has anyone noticed that most uranium mining stocks have declined rather precipitiously in the last fwe weeks? Does anyone have an explanation?

February 21, 2011 | Unregistered CommenterFrank ONeill


I think this comment was meant for so I'll transfer it for you.

February 21, 2011 | Unregistered CommenterGold Prices

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