RE:RE:NFG 100 baggerI didn't make up these figures, wasn't easy to find but here is the link for them.
https://marketoracle.co.uk/Article13964.html
Back in the mid- to late 1970’s, as gold went up from its 1972 low of $60 to $850 in 1980 (and silver to $50), gold and silver stocks realized absolutely amazing gains:
- Lion Mines – 1975 price: $0.07 / 1980 price: $380 i.e. an increase of 542,757%!!!
- Azure Resources - 1975 price: $.05 / 1980 price: $109 i.e. an increase of 217,900%!!
- Wharf Resources - 1975 price: $.40 / 1980 price: $560 i.e. an increase of 139,000%!!
- Mineral Resources - 1975 price: $.60 / 1980 price: $415 i.e. an increase of 69,067%!!
- Steep Rock - 1975 price: $.93 / 1980 price: $440 i.e. an increase of 47,212%!!
- Bankeno - 1975 price: $1.25 / 1980 price: $430 i.e. an increase of 34,300%!!
The percentage returns above, averaging 70,627%, seem totally unbelievable but they are verifiable. They were achieved by investing in the right stocks at the right time. Imagine, and the above companies were only a handful of the gold and silver stocks that generated such astounding returns.