Thursday, August 19, 2010

AuEx Ventures ( and Fronteer Gold (FRG) (, the Long Canyon buddies

Here's the year-to-date chart of AuEx Ventures ( (dark blue line) versus Fronteer Gold (FRG) ( (yellow line) in 2010 to date. If you thought that the ongoing success at the very promising Long Canyon gold project in Nevada would offer up better price leverage to the smaller XAU than FRG.....well, you'd have been wrong.

PS: Thanks to a timely headsup from the wonderful Gary Biiwii back in 2009, this author owns FRG. It's also been a recommended buy at The IKN Weekly since week one and we're now over 200% up on that position. We owned and reco'd as well, but sold the position late May for a more modest but still pleasing 35% win. just sayin'.