Speaking of pigfolios, what about Trinovant's Trotters (as posted on BWP's old Goldblogger site)?
The Goldie Lookin' Pigs (Trinovant's Trotters) portfolio were these (Holdings: PGD and YAU, but sold a long time ago, paper: the rest).
Performance to date, from close on Friday February 24th, 2006:
BEMA Gold (BAU.L):
Listed at 234p on Feb 24th 2006, at 1.4254 USD/GBP = $3.34
Acquired by Kinross Gold on February 27, 2007.
Each Bema common share was exchanged for 0.441 of a Kinross common share representing a 34 per cent premium to the 20-day volume weighted average price of Bema common shares on the TSX.
From Kitco forum 10:03 EST Monday, Nov 06, 2006 (posted by Krank):
"Bema shares closed at $5.40 on Friday and have risen 60.2 per cent this year. Kinross closed at $14.99 and have gained 39.6 per cent this year."
Avocet mining (AVM.L): Down 41%
Lonmin (LMI.L): Down 99%
Patagonia Gold (PGD.L): Down 88%
Yamana Gold (was YAU.L, using AUY-NYSE): Down 37%
European Goldfields (EGU.L):
Listed at 203p on Feb 25th 2006, at 1.4254 USD/GBP = $2.89
Taken over in December 2011 by Eldorado Gold - European Goldfields shareholders received 0.85 of an Eldorado common share and C$0.0001 in cash for each European Goldfields share, representing a value of $13.08 per share, for a premium of about 48%.
Kirkland Lake Gold (KGI.L): Up 95%
Tertiary Minerals (TYM.L): Down 84%
Clearly "buy and hold" is not a sensible option, but watching your stocks like a hawk is.
Based on closing prices adjusted for corporate actions such as stock splits, dividends/distributions and rights offerings. |
