Yesterday’s Winning! update from Casey Research’s Louis Lobito James on Balmoral Resources (BAR.to) underscores the Winning! nature of the Casey stockpicking system:
05-12-2014Dear Speculators,
I’d like to draw your attention to the spectacular drill results announced by Balmoral Resources (BAR.V, C$0.99)this morning. As commented on our portfolio page, the Pretium-style bonanza intersection (1,138 g/t gold over 4.9 meters) is exciting, but the more normal, high-grade step-out holes may ultimately be more important. We’ve been speculating on Balmoral’s shallow, high-grade Martiniere discovery extending to depth, and the company is delivering.
Great news
Yes indeed, BAR.to went up by 20% yesterday to finish at $1.04. Winning! Which is only 26c lower than the price of $1.30 that Lobito entered the stock, back in February 2011. Winning!
And if the above reminds you of the IKN patented Only Chart You Ever Need To Understand Junior Stockpickers…
…your humble scribe wouldn’t be that surprised.