Portfolio Update: Recent Action

First off I would like to say thank you to Mr. Novo Resources, Mr. GFG Resources, Mr. Dolly Varden Silver (all top 5 positions) and finally Mr. Telson Resources (which rocketed 47.50% today!) , who attributed to a new ATH in Horseman’s portfolio.

• Horseman’s portfolio performance:
  • year to date: +48.55%
  • Performance since 2016-01-01: +244.47%
• GDXJ performance:
  • year to date: +6.39%
  • Performance since 2016-01-01: +75.10%

(Note: I carry bigger, riskier, and more volatile positions than the GDXJ)

This weeks action

New position in:

• GFG Resources Inc (Taken a large position. Reasons can be read HERE.)

Added to existing positions in:

• Redstar Gold Corp
• Otis Gold Corp
• Dolly Varden Silver Corp
• Brixton Metals Corp
• Impact Silver Corp

Trimmed positions in:

• Novo Resources Corp (It’s continued rally forced me to offload due to position size getting out of hand)
• Telson Resources Inc

Top 5 holdings:

• Novo Resources Corp
• GFG Resources Corp
• Dolly Varden Silver Corp
• Orca Gold Corp
• Otis Gold Corp

(Otis Gold Corp overtook the top 5 spot from Newrange Gold Corp which fell this week)