Cordoba Minerals Corp. (CDB:TSXV) is the reason the TSX Venture has been on fire since early February.

The performance of stocks like Cordoba Minerals is also the reason investors trade and invest in small-cap resource stocks.

Cordoba is up more than 400% since early 2016. Its stock chart looks like a half-pipe and has now gone parabolic. Its shares soared 26.6% Tuesday on nearly half a million shares traded.



TSX Venture soars to multi-month highs

The TSX Venture’s chart has been moving at a 45 degree angle, up and to the right since mid-January. The Venture added a quarter point Tuesday, closing at its highest level in nearly 8 months.

TSX Venture – 3 Month Chart



Brand new Pinnacle member ‘silverandgold’ is playing for keeps in his first ever Stock Challenge run. His combined average return popped 20.16% Tuesday.

His top pick of Cordoba rallied 26.67% – second best on the day. His second selection of Wolfden Resources was the 4th best performing stock in March’s Stock Challenge Tuesday – rising 13.6% Tuesday.

The combined move pushed silverandgold’s combined average return on the month up to 70.68%.

Everyone is chasing long-time member ‘OZZIE’ and his 120.05% return thus far. His selection of Karnalyte Resources settled above $3 Tuesday and has been one of the biggest stories on the TSX Venture in 2016.

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Pinnacle Digest, and its employees, are not investment advisors; and any reference to specific securities in the list referred to in this article does not constitute a recommendation thereof. THIS IS NOT INVESTMENT ADVICE. All statements in this article are to be checked and verified by the reader. Readers are encouraged to consult their investment advisors prior to making any investment decisions. The information in this article is of an impersonal nature and should not be construed as individualized advice or investment recommendations.

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