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
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- Junior Gold Miners as a Hedge, which 3 would you hold?
Junior Gold Miners as a Hedge, which 3 would you hold?
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Dusko Ljubojevic, MD
Dusko Ljubojevic
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