Seeking Alpha

venividivici » Comments » Single Comment |

  • Why Physical Gold Is Superior to Mining Stocks for Long-Term Investors [View article]
    I could not agree less. The place to make big money is in stocks but of course you have to be a good stockpicker. I quadrupled my money in a junior zinc lead miner in 18 months and then doubled my money in 4 months in a nickel miner (Lion Ore). I got out of the market in September 2007 because I thought it lacked any credibility and then I sat back and watched a lot of good opportunities pass me by and spent my time reading doom and gloom articles.
    Thankfully I am now well and truly back in the saddle. I wanted to find a good gold stock and looked all around the world. The best value is invariably found in junior miners. I settled on Kingsgate Consolidated, an Australian company with a mine in Thailand which is a cheap producer and has great exploration upside. I now have a large investment in it so you shouldn't accept what I say but I would recommend that you visit the site and look at their latest reports. Forget physical gold, pick the right stock and you'll be laughing all the way to the bank.
    Apr 23 23:32 pm |Rating: 0 0
All Comments by venividivici »
Comments by Ticker
venividivici's
Comments Stats
345 comments
Rating: 52 (90 - 38 )