12/1/11

The 'Small Silvers' 2011 sweepstakes end November update

With just one month to go in the great race, here's how our competitors are faring:

click image to enlarge

The top three show no change from last month, with Endeavour Silver (EDR.to) (EXK)  in the lead and around 85% up on the year. In second spot comes Fortuna Silver (FVI.to) (FSM) and third place is First Majestic (FR.to) (AG).

And then comes our benchmark, the silver ETF (SLV) that tracks bullion and shows which mining companies are doing better than the metal they rely upon. From here down, the stocks are officially underperformers and start with Great Panther (GPR.to) (GPL), U.S. Silver (USA.to) and IMPACT Silver (IPT.v) in a little heap between SLV and the YTD breakeven point.

So seven down and only the three outright woofing, howling, barking dogs to go. They be MAG Silver (MAG.to) (MVG), Bear Creek Mining (BCM.v) and Adam Graf's hot pick for 2011, Golden Minerals (AUMN). A shame on all your houses.

So around the time you're picking on what's left of the turkey and refusing any more chocolate truffles cos you're thoroughly fed up with them, we'll declare the 2011 winner of the race. Til then, toodle pip!

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