Dartboard leads the pack out of the gate with gold producer pick

The Dartboard's on top in week one of the new four-week Shares Race with its pick of Blackham Resources the strongest performer so far.

The Western Australian gold producer's share price recovered almost 20 per cent during the week after falling early last month after issuing a production guidance downgrade.

Our racers were not helped by a flat Australian sharemarket with the All Ordinaries Index finishing the week at about 5900 points.

Fairfax journalist Phil Baker, the winner of the last round, is in second place with gains coming from most of his picks.

Baker's best pick is Webjet, the online travel agency for comparing and booking flights, hotel accommodation, package deals, travel insurance and car hire.

Money reader Bill McLachlan is only just behind Baker, with Eden Innovation his best performer so far. Eden Innovation is the second-best performer of the week from among our racers' tips.

Eden Innovation, which changed its name from Eden Energy late last year, has a product called EdenCrete, which is a liquid additive that strengthens concrete. The company has a strong order book from overseas for EdenCrete.

McLachlan is also doing well from A2 Milk, which sells premium milk to China, US and Britain as well as having about a 10 per cent share of the domestic fresh milk market.

Another strong performer for McLachlan is Senex Energy, the oil and gas explorer and producer.

The Shares Race is a fantasy shares game. Contestants start with $100,000 across 10 stocks. Note contestants are continuing with the same stock picks as in the last four-week game because of industrial action last week.

This story Dartboard leads the pack out of the gate with gold producer pick first appeared on The Sydney Morning Herald.