The end of one month, the beginning of another and we make our regular check-in on "the small silvers", that band of junior Ag miners we're tracking to see which makes the best fist of 2011. Here's the updated chart:
click to enlarge
So after a great month IMPACT Silver (IPT.v) moves into number one spot and we're left wondering exactly why IPT.v insists on using block capitals for its corporate title. Anyway, IPT.v is chased closely by Great Panther (GPR.to) and third place goes to big, swaggering FR.to.
After that, only Endeavour Silver (EDR.to) beats out our benchmark, the silver ETF (SLV) so all other are officially considered as underperformers right now. None more so than ECU silver (ECU.to) and it beggars belief that a silver stock can be 20% down with the metal doing what it's been doing so far in 2011. Bill Murphy, Wistar Holt, all the other paid pumpers at GATA and not to mention chief paid shiller Mexico Mike Kachanovsky, your true stock picking ability and your shame is on display for all to see. Reap what you sow.