Re: Mining Stocks vs other markets
Hi
I would like to get an idea of how successful people have been investing in mining stocks, in particular:
1) how much people have generally profit/loss from investing in them say over a 3 year period? Has anyone over the last 3 years made a loss?
Personally I haven't held a mining stock for over three years but I can give you an indication of my personal performance in this sector
Purchases in yr 04 (some have been closed out)
WMC in 4.91 out 5.37 (+9.36%) (taken over)
AUM (aka CDU) in 0.41c to 3.63 (+785% still holding)
OSH in 2.35 out 3.43 (+45.9%)
LHG in 1.00 out 3.05 (+205%)
Purchases in yr 05
STO in 10.84 out 11.75 (+8.39%)
RPT in 0.069 out 0.135 (+95.6%) (taken over)
Purchases in yr 06
CBH in 0.445 out 0.635 (+42.6%)
HDR in 1.385 out 2.05 (+48%) (saved by takeover)
CIG in 0.068 out 0.074 (+8.8%)
BGF in 0.245 out 0.265 (+8.1%) (saved by takeover)
MTN in 0.785 to 5.95 (+657% still holding)
Purchases in yr 07
PDZ in 0.37 out 0.51 (+37.8%)
CBH in 0.69 to 0.60 (-15% still holding)
MLS in 0.027 out 0.08 (+196%)
WPL in 35.80 to 45.00 (+25% still holding)
MLS in 0.091 to 0.093 (+2.1% still holding)
USA in 0.515 out 0.415 (-19%) (burnt trying to get oppies)
BLR in 0.13 out 0.22 (+69%)
BYR in 0.255 to 0.285 (+11% still holding)
EVE in 0.305 out 0.415 (+36%)
AFR in 0.40 out 0.675 (+68.75%)
BLR in 0.20 to 0.21 (+5% still holding)
PDN in 10.07 to 8.30 (-17.5% still holding)
WME in 0.195 out 0.235 (+20%)
SMC in 0.14 out 0.15 (+7%)
WAS in 0.037 to 0.04 (+8.1% still holding)
SDL in 0.175 to 0.42 (+140%)
SMY in 4.20 to 3.95 (-5.9% still holding)
BRW in 0.67 still 0.67 (0% still holding)
GDN in 0.75 to 0.42 (-44% still holding) my worst performance thus far..treating it as a tax deduction this yr...will close out before the end of june