About a year ago I wrote an article listing my top 5 penny stocks for 2017. It seems to have been ranked high in the search engines, as it has 5,412 views. But how well did I do trying to find successful, low-priced stocks? Well, let see what happened to them this year.

My list included:

Calibre Mining Corp

Western Potash Corp

K92 Mining Inc

Lithium Americas Corp

Galaxy Resources Ltd

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Click HERE to view the original article.

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CALIBRE MINING CORP. (CXBMF)

Original Price $0.20 - Today $0.10 - LOSS of 50%

Calibre Mining Corp. is an exploration stage company for the exploration and development of gold, silver, and copper.

Ouch! If you bought this upon my recommendation you would be down by half. Sorry.

2017 wasn't the best year for precious metals.

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WESTERN POTASH CORP. (WPSHF) - Now (WTRNF) - LOSS of 72%

Original Price $0.18 - Today $0.33

Potash is potassium-bearing minerals and chemicals, 95% of which is used in fertilizers. Estimates say about half of the world's known potash is located in Saskatchewan, Canada. Western Potash owns 88,500 acres in the prime potash area near the city of Regina and has been working towards bringing the plot into production calling it the 'Milestone Potash Project'.

At first glance it looks good, right? Well, the problem is that this company was renamed to Western Resources and did a 5-to-1 reverse split. This means that they divided the share price by 5, which means that the $0.18 cent original price is actually $0.90.

That's a loss of 72%! Oh man, I am not doing so well.

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K92 MINING INC. (KNTNF)

Original Price $0.81 - Today $0.39 - LOSS of 52%

Back in 2007 Barrick Gold (The world's leading gold miner) bought the Kainantu mine project in Papua New Guinea for $141.5 million dollars. The previous owner had spent $80 million so far. They then spent about $100 million dollars and 6 years on putting up buildings and other infrastructure and $41.3 million on exploration drilling and mine expansion.

Oh no, another loss. This time 52%. I am NOT doing well here.

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LITHIUM AMERICAS CORP. (LACDF)

Original Price $0.80 - Today $8.92 - GAIN of 123%

I am a huge bull on Lithium. It is used in the most powerful batteries, from inside of mobile electronics like tablets and cell phones, to electric cars (EV) like Teslas. In fact, the industry predicts lithium usage to triple by 2025. Goldman Sachs has called lithium “the new gasoline”.

Finally, a winner! Only that this company did a reverse split as well. Woe is me!

Good news, though. It was a 5-to-1 reverse split, this is a sorely needed win. This means my original recommendation is equivalent to $4.00. A GAIN of 123%!

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GALAXY RESOURCES LIMITED (GALXF)

Original Price $0.44 - Today $3.10 - GAIN of 604%

There are two main ways of mining lithium. One is a salty brine that is pumped up and allowed to evaporate, the other is a rocky spodumene ore. Brine mining results in a higher price per tonne, but takes years to set up the mine. Spodumene mining, however, can be up and running much faster but at a lower price per tonne.

Galaxy fully owns both types of mining in three properties. Mt Cattlin (Australia) and James Bay (Canada) projects are spodumene, and Sal de Vida in Argentina is brine.

Guys, this stock did not do a reverse split so the numbers above are exactly what happened.

A GAIN of 604%!

I certainly needed a winner. And this one is a whopper.

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What Lesson Can Be Learned Here?

Well, if you invested $1,000 in each stock at my original price you would have invested $5,000.

Today, you would have $9,520. Nearly doubling your money, and that is with 60% of my picks being losers.

I know it isn't crypto gains, but crypto gains won't last forever either. At some point they will become a mature market.

What I learned was that no matter how good something looks, you can't invest everything in it. The future is always uncertain.

Except Lithium.

That shit is hot. :D

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Remember that this was a look back, these are not my current picks. However, the only one I really hate now is Western Potash/Resources - they suck.

Would you like to see my list for 2018? Let me know in a comment below