GOLD 0.51% $1,391.7 gold futures

Junior Gold Miners as a Hedge, which 3 would you hold?

  1. 3,574 Posts.
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    The Senario: Its the year 2016 and the gold bull run has began....Gold is currently trading $2,200 per ounce and silver $60USD with a strong indication that prices are to hold and/or go higher.

    The Question: If you could only hold only 3 ASX Junior Goldminers/ Producers OR soon to be Producers which would you take with you to use as a hedge as a multi bagger against the economy?

    Criteria: No large debt, has cash in bank as a positive, price sensitive to a gold increase(obviously), no dodgey directors or notorisoly unreliable managment. Can be currently priced anywhere from 0.001 cents to max of 50cents. Closer to 0.001 the better.(with a chief reason of its low price is primarily due to declining gold price since april 2013)

    I will start this off with my three:

    # RMS - Disallowed
    # RSG - 5 bagger
    # TRY - 5 bagger
    Last edited by Mickeymouse: 20/04/15
 
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