Junior Gold Miners Are In The Game Again [View article]
Thank you, Steven, I certainly will take a look as it seems a nice junior gold miner. The problem is that I can't write about it here because it is not listed in the US. Regards, Antonio C
Junior Gold Miners Are In The Game Again [View article]
Hi, Flod
It is an explorer with projects still in very early stages. Though its stocks are very illiquid, they have potential and may reward strongly. But as the company is also very risky you have to be careful and do your own due diligence (getting news from different sources as much as you can). Thank you for the information and good luck.
Junior Gold Miners Are In The Game Again [View article]
Just as additional information, B2 Gold Corp increased to 6.60% its GDXJ weight with good reports on enhancing production and relevant news about project exploration.
Junior Gold Miners Are In The Game Again [View article]
Yes, it´s a good example, Positroll. I also think that a good research (working hard!) is very important and may get very good profits. It has more risk but at the same time we know more closely what is happening and prices may climb immensely.
Junior Gold Miners Are In The Game Again [View article]
Thank you eagle! That is right what you say about ETFs. For instance, GLDX, as only have explorers, is more riskier but may well reward at even higher levels. It´s all about research and risk. About picking 6 to 10 stocks, as I wrote in my article, remember that GDXJ has several good and promising stocks like Golden Star and Vista Gold and others less known. But picking explorers is another story, it is more difficult but we know what they have and then we may not select them.
Junior Gold Miners Are In The Game Again [View article]
Thank you for commenting my article. Yes, I agree with you, 21 is an important level of support/resistance for GDXJ. It is always good to keep an eye on a daily basis though medium/long term is more important.
Junior Gold Miners Are In The Game Again [View article]
Thank you for reading my article.
To my knowledge I inform you that there is not yet a leverage ETF on GDXJ. Nevertheless, ETFs are spreading fast and I will pay much attention to that matter and let you know whatever I find in the near future.
Junior Gold Miners Are In The Game Again [View article]
Thank you for reading and comment my article.
But you must have got it wrong on the matter of gold producers. What happens is the following: in Gold, as in other precious metals and base metals, there are producer companies and explorer companies on different development stages. And there are those who are both producer AND explorer companies. As a matter of fact, in GDXJ there are a good number of these type of miners that have already begun production of gold, are selling and making cash and at the same time they have several projects of explorations near or even far of the production phase.
Explorer companies are normally small caps with a good business plan and properties to find metal and it is normally with these miners that great discoveries are found making the price of their stocks will skyrocket. If we pick well those stocks we may get lucky but yes, they are very risky and that´s why the reward is often so big.
And, in my opinion, the correlation with gold is practically the same as with the larger companies as you may see in the article. What happens is always the same on sensible markets like this one: fear and a short term vision make investors do the opposite they should do: they don´t buy when prices are low but only when many already are in and the prices are at much more high levels.
Junior Gold Miners Are In The Game Again [View article]
Regards,
Antonio C
Junior Gold Miners Are In The Game Again [View article]
It is an explorer with projects still in very early stages. Though its stocks are very illiquid, they have potential and may reward strongly. But as the company is also very risky you have to be careful and do your own due diligence (getting news from different sources as much as you can).
Thank you for the information and good luck.
Regards,
AC
Junior Gold Miners Are In The Game Again [View article]
Junior Gold Miners Are In The Game Again [View article]
Junior Gold Miners Are In The Game Again [View article]
Junior Gold Miners Are In The Game Again [View article]
Junior Gold Miners Are In The Game Again [View article]
Junior Gold Miners Are In The Game Again [View article]
About picking 6 to 10 stocks, as I wrote in my article, remember that GDXJ has several good and promising stocks like Golden Star and Vista Gold and others less known. But picking explorers is another story, it is more difficult but we know what they have and then we may not select them.
Junior Gold Miners Are In The Game Again [View article]
Yes, I agree with you, 21 is an important level of support/resistance for GDXJ. It is always good to keep an eye on a daily basis though medium/long term is more important.
Junior Gold Miners Are In The Game Again [View article]
To my knowledge I inform you that there is not yet a leverage ETF on GDXJ. Nevertheless, ETFs are spreading fast and I will pay much attention to that matter and let you know whatever I find in the near future.
Junior Gold Miners Are In The Game Again [View article]
But you must have got it wrong on the matter of gold producers.
What happens is the following: in Gold, as in other precious metals and base metals, there are producer companies and explorer companies on different development stages. And there are those who are both producer AND explorer companies. As a matter of fact, in GDXJ there are a good number of these type of miners that have already begun production of gold, are selling and making cash and at the same time they have several projects of explorations near or even far of the production phase.
Explorer companies are normally small caps with a good business plan and properties to find metal and it is normally with these miners that great discoveries are found making the price of their stocks will skyrocket. If we pick well those stocks we may get lucky but yes, they are very risky and that´s why the reward is often so big.
And, in my opinion, the correlation with gold is practically the same as with the larger companies as you may see in the article. What happens is always the same on sensible markets like this one: fear and a short term vision make investors do the opposite they should do: they don´t buy when prices are low but only when many already are in and the prices are at much more high levels.