How are the top stock picks from the Vancouver Resource Conference 2017 doing?
I was doing some DD as I prepare for VRIC 2018 and wanted to know how the top stock picks from 2017 actually played out.
Let’s see how these newsletter writers top stock picks did.
Starting off with the conference host Marin Katusa.
Marin mentioned a top stock pick of Blackbird Energy BBI.V
Tuesday Jan 17,2017 BBI closing price 50 cents.
Wednesday Jan 18,2018 BBI closing price 32.5 cents.
1 year return of -35%.
Let’s check in on Marin’s former boss Mr. Doug Casey.
Northern Dynasty
Tuesday Jan 17,2017 NDM closing price $3.34
Wednesday Jan 18,2018 NDM closing price $2.12
1 year return of -36.5%
Uranium Energy Corp
Tuesday Jan 17,2017 UEC closing price $1.57 USD
Wednesday Jan 18,2018 UEC closing price $1.67 USD
1 year return of 6.3%
How about the more top picks?
Checking in on Brent Cook and Louis James.
Mr. Cook has been a long time fan of Mirasol and has been a top stick pick a few times. Mirasol’s chart over the last year says…..
Tuesday Jan 17,2017 MRZ closing price $1.84
Wednesday Jan 18,2018 MRZ closing price $1.77
1 year return of -3.8%
Mr. James did not sound very confident in his pick of Pretium Resources and I wouldn’t have been either with some of his recent track record but Pretium managed to roughly break even after a big month of September/October when production commenced.
Tuesday Jan 17,2017 PVG closing price $13.72
Wednesday Jan 18,2018 PVG closing price $14.05
1 year return of +2.4%
And the top stock pick from VRIC 2017 scorecard shows
Name Top pick Symbol Percentage
Marin Katusa Blackbird Energy BBI -35%
Doug Casey Northern Dynasty NDM –36.5%
Doug Casey Uranium Energy UEC +6.3%
Brent Cook Mirasol Resources MRZ -3.8%
Louis James Pretium Resources PVG +2.4%
and the moral of the post is ….. be careful do not buy top stock picks from newsletter writers.