Junior Gold Stocks Should Be On Everyone’s List Right Now
If there’s been one industry that has stood the test of time during a crisis it’s gold and mining. Right now we are truly in unprecedented times as the global markets meltdown and the search is on for any opportunity to make money with stocks.
However, when it comes to gold stocks, if it’s a bull run you’re expecting then penny stocks are where you’ll want to look. More importantly, junior gold stocks not only present the biggest upside but when you can find a company on the verge of a major development, it could snowball into something you never expected.
Take, for instance, Yamana Gold (AUY), Gold Fields (GFI) and Kinross Gold (KGC). All of these were once trading well below $2 a share. Fast-forward to today as these companies are making huge steps toward global growth and we see prices that are more than 100% higher during a time where gold prices are back on the rise.
But that doesn’t mean all of the big opportunities are gone. Now it’s time for the next round of hidden gems. These are companies that are working toward exploration and drilling with a key focus on areas of massive gold discovery.
Big Opportunities For Small-Cap Gold Stocks In North America
One of the richest gold-producing regions is in North America’s Golden Triangle. This is located in British Columbia, Canada. Some of the biggest names in gold mining are there. The best part is that if you can actually find an early-stage junior gold miner, you’re lucky.
Why? Because most of the big business is getting eaten up by larger companies buying as much gold production as possible. A prime example is Royal Gold (RGLD) who’s targeted North American miners and actually bought the majority of their production.
It would be wise to get ahead of the curve as an investor. That’s especially considering the fact that companies like Royal Gold are on the hunt for the next company to hit a major discovery. Right now is your opportunity to see a company that could have such potential. We are calling an immediate stock alert on one gold penny stock that has just begun finalizing a massive acquisition in one of British Columbia’s richest areas of gold discovery.