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Message: San Gold 2nd best performer in junior gold stock strategists index for 2009

San Gold 2nd best performer in junior gold stock strategists index for 2009

posted on Jan 17, 2010 11:51AM

http://seekingalpha.com/article/182910-emerging-junior-gold-producers-had-fantastic-2009?source=email

We should stop complaining about the lack of news, TSX listing and 43-101 and reflect on the 237% gain we made in 2009. I am as impatient as anyone for the stock to hit $5.00, and it will this year, but I feel very lucky to have been a long term holder of SGR. I don't know much about the author of this index but I like his index because I own a number of his components including SGR, MFN,TMM and NGD. The following are extracts from the seeking alpha article referenced in the above URL.

"2009 was a fantastic year for emerging junior gold producers and stocks in the Gold Stock Strategist Emerging Junior Gold Producers (GSSX) Index ©. The GSSX Index© outperformed GLD, XAU, HUI, and the TSX Venture Exchange.

The GSSX Index© powered ahead 123 percent, beating the yellow metal, beating the HUI gain of 30%, beating the XAU gain of 36%, and even beating the TSX Venture Exchange of 92%.

The top performer by far for the year in the index was La Mancha Resources, with a whopping 724 percent gain. Other high flyers include San Gold (237%), Gold Resource (221%), Timmins Gold (190%), New Gold (160%) and Jaguar Mining (131%). The average gain for the year was 123 percent."

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Jan 17, 2010 04:11PM
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