Tuesday, July 5, 2011

49 North Resources up over 30% vs (10%) for the TSX-V since January

Just a quick update on 49 North Resources (FNR) which I labeled the one stock to own in 2011 if you could only own one stock. FNR is up over 30% since I first issued this report in January compared to a loss of over 10% for the TSX-V index. As production numbers from their heavy oil project get released later this Summer, I would expect this out performance to intensify.

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