Ed Bugos hails from Vancouver's Howe Street -- the world's Wall Street of junior gold companies. He spent the nineties as a broker on Howe Street, constantly banging the gold drum even during the bear market that prevailed at that time. And - even despite that bear market, Ed produced some substantial profits for his clients. Here are some examples of junior companies Ed recommended to his clients in the nineties: Arequipa: before the bull market, this little stock traded for 10 cents. Then, the company "struck gold" and discovered almost 7 million ounces of the yellow metal. The stock eventually hit $34.75, returning a possible 5,692% before Barrick bought them out in 1996. Diamond Fields: After a massive nickel discovery in Labrador in 1993, Inco bought the company. And CVRD, one of the largest miners in the world, bought Inco just last year. The lucky few who were in Diamond Fields in the early nineties made a killing
Argentina Gold: They discovered an 11 million ounce deposit that incurred a takeover by Barrick Gold to the tune of $200 million in 1999. Once again, early Argentina Gold shareholders could have made a fortune
Dia Met Minerals: When they discovered the first diamond deposit in Canada in 1991, the stock rocketed from pennies per share to $60, making early investors insane returns in the process. As you can see, junior mining companies can return thousands upon thousands of percent when they have a major discovery. And often such a discovery attracts the attention of the big blue chip miners - who buy up the junior company at a nice premium. This pays the lucky, early stockholders very well
Then, as the tech bubble started heating up in the late nineties, Ed had to leave the borkerage business because he had no interest in tech companies. And no one wanted to listen to him about junior mining stocks. That's when he went out on his own and started to write independently about the sector he loves most. Ed added these stocks to his buy list from 2001 until 2006: Newmont Mining -- up 205% to date Placer Dome --Bought out by Barrick Agnico Eagle -- up 1,057% to date Harmony Gold - up 230% to date AngloGold: up 131% to date Goldcorp: up 662% to date Kinross: up 249% to date Goldfields: up 20% to date Randgold Resources: up 609% to date Eldorad up 115% to date Glamis Gold: bought out by Goldcorp Meridian: up 99% to date So you can see that Ed has a shining record in gold recommendations - no matter if gold sits in a bear market like the nineties or not. In 2007 Ed joined Agora Financial as our resident gold expert. You've probably seen Ed's writings in Agora Financials Rude Awakening, 5 Minute Forecast, The Daily Reckoning, Whiskey & Gunpowder, and Penny Sleuth. In 2008 Ed Since unveiled his Gold & Options Trader system which pinpoints junior miner stocks and major miner options that are ready to skyrocket. You can feel confident that his junior miner and options picks stand to deliver gold gains as gold makes its steady climb past $2,000. |