New High for NIA’s #1 Gold Stock Suggestion!

OceanaGold (TSX: OGC) finished today at $2.90, a new high since NIA profiled OGC as its #1 favorite medium/large-cap gold producer on March 28th at $2.47 per share – for a gain already of 17.4%!
NIA said in its initial OGC alert sent on March 28th, “NIA believes OGC will outperform just about every other producing gold miner for the rest of 2014!” It is amazing how true NIA’s prediction has already become!

The Junior Gold Miners ETF (GDXJ) owns OGC as its #3 largest holding, representing 4.34% of GDXJ‘s total holdings. Only three other stocks account for at least 4% of GDXJ‘s total holdings.

GDXJ‘s #1 holding Semafo (TSX: SMF), which represents 4.93% of its total holdings, is down 5.5% since March 28th. GDXJ‘s #2 holding Primero Mining (TSX: P), which represents 4.63% of its total holdings, is down 18.8% since March 28th. GDXJ‘s #4 holding Silver Standard (SSRI), which represents 4.24% of its total holdings, is down 23% since March 28th. GDXJ‘s three other largest holdings since March 28th are down by an average of 15.8% vs. NIA’s OGC rising a stunning 17.4%!
Here is a chart of OGC‘s performance since NIA’s March 28th suggestion vs. the performance of GDXJ‘s three other largest holdings SMF, P and SSRI:

OGC is getting ready to breakout above $3 any day now, just like NIA predicted it would on March 28th!

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