Maximize Your Gold Exposure: Buy Junior Miners That Trade Like Mispriced Call Options
- Gold mining stocks have fallen precipitously over the past couple of years, and with good reason: many projects are uneconomical at $1,300/oz. gold.
- For gold bulls, this has generated incredible opportunities in undervalued miners, which are trading like mis-priced out of the money call options on gold.
- Gold bulls are encouraged to exploit these opportunities: buy companies with cheap gold in the ground with minimal additional risks for dirt cheap optionality to the gold price.