SAN DIEGO--(BUSINESS WIRE)--Mentor Capital, Inc. (Pink Sheets:MNTR) reports that its proprietary Cancer Immunotherapy Index has appreciated 47.3% during the first quarter of 2012. The equally weighted Cancer Immunotherapy Index is regularly benchmarked against the appreciation of the average of the NASDAQ, S&P, and NYSE Biotech Indices. For the first quarter the biotech indices averaged a 22.9% gain. In comparison, the Cancer Immunotherapy Index gain of 47.3% represented an appreciation rate of 207% of the major biotech indices first quarter growth.